Announced Wed, 8 Jul · 14:09 IST
All 10 EGM resolutions pass with about 99.99 percent approval
Compliance View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-6.6%1-day move
₹10.79
prior close
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base price
In-mkt
timing
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AI summary
EGM held on July 7, 2026. All 10 resolutions passed with about 99.99 percent approval (about 3.05 crore votes in favor). Key items: appointment of new Statutory Auditors, increase in Authorised Share Capital, preferential equity share issues (cash and non-cash), appointment of Managing Director and other directors, and shifting of registered office from Gujarat to West Bengal. Voting turnout was 55.25 percent of outstanding shares from 27,529 shareholders on record date.
Likely market impact
Authorised capital increase and preferential allotments may dilute existing holdings. Registered office shifts to West Bengal. New board confirmed.