Scrutinizer''s Report for the EGM held on 21 January 2026
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Soma Papers & Industries Limited held its 2nd Extra-Ordinary General Meeting (EGM) on 21 January 2026 via video conferencing, which concluded in just 17 minutes (11:00 AM to 11:17 AM). Three resolutions were put to vote, all of which were passed with 100% approval and zero votes against. These were: (1) appointment of statutory auditors (ordinary resolution), (2) change of the company's name (special resolution), and (3) shifting of the registered office from Telangana to Tamil Nadu (special resolution). Out of 11.55 crore total shares, 9.08 crore shares (78.65%) were polled through remote e-voting, with 24 members participating. Promoters holding 6.54 crore shares voted entirely in favor, and no public institutional shareholders participated in voting. The Scrutinizer, Nuren Lodaya of Nuren Lodaya & Associates, certified the process as fair and transparent.
The unanimous approval signals strong shareholder backing for a major restructuring — the company is changing its name and relocating its registered office from Hyderabad (Telangana) to Tamil Nadu, which may reflect a shift in business focus or operational base. Investors should watch for the new corporate name and updated CIN/ISIN references once the name change is formally registered with the MCA.