E-Voting Result alongwith the Scutinizer''s Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company held an Extra-Ordinary General Meeting on 03rd March 2026 through video conferencing. Five special resolutions were put to vote via remote e-voting (31st March - 2nd April 2026) and e-voting during the EGM. All five resolutions passed unanimously with 100% shareholder approval (4,065,937 votes in favor, 0 against). The resolutions covered: (1) alteration of main object clause to add new business activities, (2) increase in authorized share capital from Rs. 10 crore to Rs. 22 crore, (3) confirmation of appointment of Mr. Bhavin Patel as Non-Executive Independent Director, (4) shifting registered office within Gujarat state, and (5) approval to acquire securities of other companies exceeding 60%/100% of free reserves thresholds. Only 30 shareholders participated in voting, indicating low retail participation.
All resolutions passed with unanimous support, indicating management alignment with key shareholders. The capital increase to Rs. 22 crore and object clause alteration suggest the company may be planning expansion or new business activities. The acquisition approval gives flexibility for larger deals.