Hereby submit the Proceedings of the Extra Ordinary General Meeting held on December 05, 2025.
Awaiting price reaction for this filing.
Photon Capital Advisors held an Extra Ordinary General Meeting on December 5, 2025, at 10:00 AM at its registered office in Jubilee Hills, Hyderabad, concluding at 10:30 AM. Two resolutions were transacted: (1) a Special Resolution to approve the sale or disposal of the company's investment (equity shares) in its associate company, M/s. Nicosa Consulting Private Limited, and (2) an Ordinary Resolution to approve related party transactions with promoters Mrs. Sobharani Nandury and Ms. Vennela Nandury. The meeting was chaired by Independent Director Mr. Sarath Kumar Jutur, with Managing Director Mrs. Sobharani Nandury also present. Remote e-voting was conducted from December 2 to December 4, 2025, via Bigshare Services, with poll voting available at the meeting. Voting results are awaited and will be submitted to BSE within two working days.
Shareholders should watch for the voting results, as both items are material — the proposed exit from the associate company Nicosa Consulting could unlock value or signal a strategic shift, while the related party transactions with promoters warrant close scrutiny for fairness and arm's-length pricing. The stock may see movement once the voting outcome and rationale for these decisions are disclosed.