Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NMS Global Ltd held its Extraordinary General Meeting (EGM) on February 28, 2026 via video conferencing, attended by 43 shareholders. Three items of business were put to members for approval: (1) issue of convertible equity warrants on a preferential basis to non-promoters for cash consideration, (2) appointment of Ms. Meenakshi Gupta (DIN 01261976) as Non-Independent Non-Executive Director, and (3) increase in authorised share capital along with a consequent alteration of the capital clause of the Memorandum of Association. E-voting was conducted from February 25 to February 27, 2026, with ballot papers also available at the meeting. The meeting started 15 minutes late due to a technical glitch and concluded at 11:45 AM. Voting results and the scrutinizer's report are to be filed with BSE, Metropolitan Stock Exchange, and the Registrar of Companies within two working days.
This EGM signals potential dilution through a preferential warrant issue to non-promoters and an increase in authorised share capital, both of which could affect existing shareholders' stake. Shareholders should watch for the voting results to confirm whether these resolutions were passed.