Please find enclosed voting results.
Awaiting price reaction for this filing.
Shah Foods Ltd held an Extra Ordinary General Meeting on 06 March 2026 via video conferencing, where all 11 special resolutions were passed with overwhelming shareholder approval. A total of 3,25,210 votes were polled (54.43% of outstanding shares), with 3,25,206 votes (99.9988%) in favour and only 4 votes against. Key resolutions approved include an increase in authorised share capital, preferential issue of equity shares to non-promoters (both for cash and other than cash consideration), alteration of the Object Clause and Memorandum of Association, adoption of new Articles of Association, increase in borrowing limits, creation of charge on company assets to secure borrowings, an increase in investment/loan/guarantee limits, appointment of Mr. Vinodkumar Shrikrishna Garg as Non-Executive Non-Independent Director, and shifting of the registered office from Gujarat to West Bengal. Promoters (holding 2,92,839 shares) voted 100% in favour of all resolutions.
For retail shareholders, the approval signals a likely capital raise through preferential allotment to non-promoters (causing dilution) and broader financial restructuring including higher borrowing capacity. The shift of the registered office from Gujarat to West Bengal is a notable corporate change that may have implications for regulatory jurisdiction and future operational focus.