Declaration of Voting Result along with the Scrutinizer''s Report of Extra Ordinary General Meeting of the Company.
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Olatech Solutions Ltd held an EGM on 08 January 2026 where two special resolutions were passed with overwhelming majority. The first resolution approved an increase in the authorised share capital and a corresponding amendment to the Memorandum of Association. The second resolution approved the issuance of equity shares to non-promoter categories of persons on a preferential basis. Out of 4,450,550 total outstanding shares, 3,043,440 shares (68.38%) were voted, with 99.97% voting in favour of both resolutions and only 925 shares (0.03%) against. The company had 448 shareholders on the record date of 01 January 2026. The results were declared on 09 January 2026 and filed with BSE as required under SEBI LODR Regulation 44(3).
Both resolutions were approved with near-unanimous support, clearing the way for the company to raise its authorised share capital and issue equity shares on a preferential basis to non-promoters. This signals potential equity dilution for existing shareholders as the company prepares to bring in new investors or raise capital. Shareholders should watch for the subsequent announcement detailing the preferential issue terms, pricing, and identities of the allottees.