Scrutiniser report for the EGM held on 12.11.2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Jeevan Scientific Technology held an Extra-Ordinary General Meeting on 12 November 2025 via video conferencing, where all four resolutions were approved by shareholders with overwhelming majority. Resolution 1 (Special) to adopt the Memorandum of Association under the Companies Act, 2013 passed with 99.99% votes in favour (76,08,839 votes). Resolution 2 (Ordinary) to increase the Authorised Share Capital and alter the Capital Clause of the MOA passed with 99.73% support (75,89,239 votes). Resolution 3 (Special) to issue convertible warrants on a preferential basis to promoters and non-promoters passed with 99.27% votes in favour (27,98,754 votes), with promoters declared as interested. Resolution 4 (Special) to issue equity shares on a preferential basis to non-promoters passed with 99.73% support (75,89,139 votes). Out of 5,436 shareholders on record, 58 attended the meeting through VC, and overall voting turnout was about 48% of outstanding shares.
The approvals clear the way for the company to raise fresh capital by increasing its authorised share capital and issuing convertible warrants and equity shares on a preferential basis, which could lead to dilution for existing public shareholders. Promoters participating in the warrant issue signals their continued financial commitment to the company.