Le Travenues Technology Limited has submitted the Exchange the Voting Results and Scrutiniser s Report of the Extraordinary General Meeting
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Le Travenues Technology Limited (IXIGO) held an Extraordinary General Meeting on November 1, 2025, where all three special resolutions were passed with overwhelming shareholder support. Resolution 1, approving a preferential/private placement issue of equity shares, received 99.16% votes in favor (326.3 million shares). Resolution 2, covering amendments to the Articles of Association and granting special rights to an identified shareholder under SEBI Regulation 31B, also passed with 99.16% support. Resolution 3, deleting legacy references to 'Part A' in the Articles, passed with 99.43% support. Notably, promoters did not participate in voting, and overall polling turnout was 84.29% of total shares outstanding (329 million out of 390 million).
Shareholders have cleared the path for a preferential equity issuance, which could dilute existing public shareholders and bring in a strategic investor. The grant of special rights (likely board seat or veto rights) to an identified shareholder under Reg 31B is a governance development investors should monitor closely, though the strong vote margin suggests institutional investors broadly back the proposals.