Proceedings of the Extra Ordinary General Meeting of the Members of the Company held on February 19, 2026.
Awaiting price reaction for this filing.
Photon Capital Advisors held an Extra Ordinary General Meeting on February 19, 2026, at 10:00 A.M. at its registered office in Jubilee Hills, Hyderabad. Five resolutions were tabled: (1) adoption of a new set of Articles of Association, (2) increase in Authorised Share Capital with corresponding amendment to the Capital clause of the Memorandum of Association, (3) alteration of the Objects clause of the MOA, (4) preferential issue of up to 12,07,000 equity shares, and (5) preferential issue of up to 19,90,000 unlisted convertible warrants exercisable into equity shares. Voting was conducted via remote e-voting (Feb 16–18) and physical poll at the meeting. The meeting concluded at 10:35 A.M., and the scrutinised voting results will be submitted to BSE within two working days.
The key items for shareholders are the proposed preferential share and warrant issuances, which would dilute existing equity if approved, and the expansion of the company's authorised share capital and objects clause to accommodate new business activities. Investors should watch for the detailed voting results due within two days, as outcome will indicate whether the capital-raising plans have shareholder backing.