Scrutinizer report of EGM held on May 02,2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lexora Global Ltd (formerly Yash Trading and Finance Limited) held an Extra Ordinary General Meeting on May 02, 2026 via video conferencing. All 7 resolutions were passed with overwhelming majority (99.99996% in favour). The key resolutions include: (1) Increase in authorised capital, (2) Enhanced borrowing powers under Section 180(1)(c), (3) Creation of charges/mortgages on properties, (4) Approval for investments/loans/guarantees beyond Section 186 limits, (5) Alteration of Object Clause in Memorandum of Association, (6) Share split from Rs.10 face value to Rs.1 face value (10:1 split), and (7) Adoption of new Memorandum of Association. Out of 10 million total shares, 8.87 million votes were cast (88.7% turnout) with only 1 vote against across all resolutions. 24 shareholders attended via VC out of 351 total shareholders on record.
The share split from Rs.10 to Rs.1 will increase the number of shares 10-fold, making the stock more affordable and potentially improving liquidity. The expanded borrowing powers and Section 186 approval give the company significant financial flexibility for future investments or loans. The alteration of Object Clause suggests the company may be diversifying or changing its business focus.