Outcome of EGM held on 11 Nov 2025, attached.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ovobel Foods held an Extraordinary General Meeting (EGM) on 11 November 2025 in Bengaluru from 10:30 AM to 11:15 AM. 56 members were present in person, along with the Managing Director, three other directors, the Company Secretary and CFO. Two special business items were tabled for shareholder approval: (1) a related party transaction with Ashray Farms, and (2) a related party transaction involving the lease of land from Mr. Mysore Satish Sharad, the Managing Director. Members were given remote e-voting via CDSL from 8–10 November, with ballot paper voting also made available at the meeting. The voting results and scrutinizer's report were not declared at the meeting and will be filed with the stock exchanges within 48 working hours of receipt of the scrutinizer's report.
This is a procedural disclosure following the EGM; no resolutions have been declared as passed or failed yet. Shareholders should watch for the upcoming voting results, as approval of both items would greenlight related party transactions — including one with the Managing Director personally — which typically draw heightened scrutiny from investors.