Please find attached herewith EGM OUTCOME of the company conducted on 23/07/2025 through Video conferencing (VC) and other audio visual means (OVAM)
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Awaiting price reaction for this filing.
Pune E-Stock Broking held an Extra-Ordinary General Meeting (EGM) on 23 July 2025 via video conferencing, attended by 16 members. The meeting considered a special business resolution for the issuance of up to 20,00,000 convertible warrants to promoters and non-promoter categories on a preferential basis, at Rs. 171 per warrant, aggregating to Rs. 34.20 crore. The Board had already approved this issuance on 27 June 2025. Remote e-voting was conducted from 20 July to 22 July 2025, and voting results will be declared on or before 25 July 2025.
If approved by shareholders, the company will raise up to Rs. 34.20 crore through convertible warrants, potentially leading to equity dilution upon conversion. Existing shareholders should monitor the voting results and the identities of allottees to assess any dilution risk.