Scrutinizer''s Report for Voting Results of Extra Ordinary General Meeting held on Friday, March 27, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mantra Capital Ltd held an Extra-Ordinary General Meeting (EGM) on February 27, 2026, via video conferencing, where shareholders voted on four resolutions. All four resolutions were passed unanimously with 100% votes in favour and zero votes against. Resolution 1 was an ordinary resolution to cancel/withdraw a previous shareholders' approval (from the September 25, 2025 AGM) related to an increase in authorised capital. Resolution 2 was an ordinary resolution to approve a fresh increase in the authorised share capital and a consequent change to the Memorandum of Association. Resolution 3 was a special resolution to issue equity shares on a preferential basis under Sections 23(1)(b), 42 and 62(1)(c) of the Companies Act, 2013, and SEBI (ICDR) Regulations. Resolution 4 was a special resolution to issue warrants on a preferential basis under the same legal provisions. A total of 24,585,588 valid votes were cast in favour of Resolutions 1–3, while 585,588 valid votes were cast in favour of Resolution 4 (likely reflecting the exclusion of the promoter/promoter-group votes for the related-party warrant issue). No invalid votes were recorded.
The approvals clear the way for Mantra Capital to raise fresh capital through a preferential issue of equity shares and warrants, while also bumping up its authorised capital ceiling. Existing shareholders should watch for the actual pricing, allotment size and identity of allottees in subsequent filings, as preferential allotments typically dilute holdings and can influence short-term share price. The clean 100% approval across all resolutions suggests no major shareholder dissent on this capital-raising plan.