Announced Thu, 7 May · 12:22 IST

Regulation 44(3) of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 Details of voting Results of the 1st Extraordinary General Meeting (EGM) of the Company

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹3.98
prior close
₹3.98
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-3.3+0.0+0.0-3.3-2.5-3.5-6.5-3.5-4.3-5.5-19.6-22.1-20.6
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AI summary

Mega Corporation Limited held its 1st EGM on May 5, 2026 via video conferencing. All 5 resolutions were passed with overwhelming shareholder approval (~99.99% in favor). The meeting approved amendments to the Employee Stock Option Scheme 2025, extension of ESOP benefits to group/subsidiary/associate company employees, and grants exceeding 1% of issued capital under the ESOP. Additionally, shareholders approved the appointment of Mr. Kanishkkant Dubey as Non-Executive Non-Independent Director and Mr. Navratan Baid as Non-Executive Independent Director. Total votes cast: 111,607,403 with only 10,111 votes against across all resolutions.

Likely market impact

Positive signal for shareholders - ESOP-related resolutions will help retain and motivate employees across the corporate group, while new director appointments strengthen the board. The near-unanimous approval indicates strong shareholder confidence.