Outcome of Extra Ordinary General Meetg held on 6th April , 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Longspur International Ventures Ltd held an EGM on April 6, 2026 where shareholders approved three resolutions. First, the company changed its main business object and altered the Object Clause of its Memorandum of Association. Second, shareholders approved issuing equity shares on a preferential basis, indicating a capital raising exercise. Third, the authorized share capital was increased to accommodate the new share issuance. The meeting was attended for about 1.5 hours, and the outcomes have been filed with BSE under Scrip Code 504340.
The change in object clause suggests a potential business diversification or pivot. The preferential share allotment will dilute existing shareholders unless they participate, and the increase in authorized capital signals the company is preparing for significant new equity issuance.