Intimation of revised voting results with respect to the 1st Extra-Ordinary General Meeting of the Company held on 5th May, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mega Corporation Limited held its 1st Extra-Ordinary General Meeting on 5th May, 2026 via video conferencing. All 5 resolutions were passed with overwhelming shareholder approval (~99.99% in favour). The meeting covered amendments to the Employee Stock Option Scheme-2025 (ESOS), extension of ESOS benefits to group company employees, grant of options exceeding 1% of issued capital, appointment of Mr. Kanishkkant Dubey as Non-Executive Non-Independent Director, and appointment of Mr. Navratan Baid as Non-Executive Independent Director. Voting was conducted via remote e-voting (2nd-4th May) and e-voting during the EGM. Total valid votes cast were 111,607,403 with only 10,111 votes against across all resolutions. The revised results were filed on 18th May, 2026.
The near-unanimous approval of all resolutions indicates strong shareholder confidence. The ESOS amendments may help retain and attract talent across group companies. New director appointments expand the board. The very low voter turnout (only 33 members) may raise minor concerns about minority shareholder participation.