Outcome of EGM held on 03rd Novemeber, 2025 attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hari Govind International Ltd held an Extra-Ordinary General Meeting on 3rd November 2025 where a Special Resolution was passed to ratify a members' resolution originally approved on 13th June 2025 for the issue and allotment of equity shares on a preferential basis to non-promoter/public category investors for cash consideration. Out of 143 shareholders on the record date (27th October 2025), 47,54,000 votes were polled representing 60.50% of outstanding shares, and all polled votes (100%) were cast in favour with zero votes against. Promoter group contributed 37,50,000 votes (100% in favour) while public non-institutions contributed 10,04,000 votes (100% in favour). No remote e-voting was used; all voting took place through ballot papers at the meeting venue in Nagpur.
The ratification clears the way for the company to proceed with its preferential equity issuance to non-promoter/public investors, which will result in dilution of existing shareholders and bring in fresh capital. The unanimous approval suggests strong shareholder support, though existing investors should note their proportional ownership will reduce once the new shares are allotted.