PAKKA LIMITED has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on May 05, 2026
PAKKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pakka Limited held an Extraordinary General Meeting on May 5, 2026 via video conference, attended by 60 shareholders (out of 38,670 on the cut-off date). Three special resolutions were tabled for shareholder approval: (1) increase in Authorised Share Capital, (2) issuance of up to 27,20,000 equity shares to non-promoter category on preferential basis, and (3) issuance of up to 90,90,000 fully convertible warrants to Yash Agro Products Limited (Promoters' Group). Remote e-voting was open from May 2-4, 2026. Voting results will be declared separately per SEBI regulations and have not yet been published in this filing.
This represents a capital raising exercise that will dilute existing shareholders. The preferential share issuance to non-promoters and warrant issuance to the promoter group will increase the company's share capital. Shareholders should watch for the voting results to confirm approval and assess the dilution impact.