Pursuant to Regulation 30 read with Schedule III of SEBI enclosed herewith Proceedings of the Extra Ordinary General Meeting of CITIZEN INFOLINE LIMITED held on 03rd September, 2025. The ....
Awaiting price reaction for this filing.
Citizen Infoline Ltd held an Extra Ordinary General Meeting on September 3, 2025, via video conferencing, following an NCLT Ahmedabad Bench order dated July 21, 2025. The sole agenda item was a Special Resolution to approve the Scheme of Amalgamation between Citizen Solar Private Limited and Citizen Infoline Limited and their respective shareholders and creditors, under Sections 230–232 of the Companies Act, 2013. The meeting started at 12:00 PM and concluded at 12:11 PM, with no queries raised by members. Voting was conducted through remote e-voting (Aug 31 – Sep 2, 2025) and e-voting during the EGM, overseen by scrutinizer Mr. Aakash Modh. The voting results and scrutinizer's report will be filed separately as per SEBI LODR Regulations.
Shareholders should note that the amalgamation with Citizen Solar Private Limited is a significant corporate restructuring event — once the special resolution is approved and the NCLT scheme is completed, it could reshape the company's business mix and capital structure. The actual voting outcome will be reported separately and will determine whether the merger proceeds.