Combined Voting results- Scrutinizer''s Report for the EGM dated 21st November, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Ramchandra Leasing & Finance Ltd held its first EGM of FY 2025-26 on 21st November 2025 via video conferencing, where all 8 resolutions were passed with near-unanimous support. Total votes cast were 88,02,360, with 88,02,273 (essentially 100%) voted in favor via remote e-voting and 75 out of 76 votes in favor at the venue. Key resolutions included: change of company name, shifting the registered office from Gujarat to Delhi, increase in authorized share capital with amendment to MOA, amendment to Articles of Association to enable further issue of securities, and preferential issue of 11,40,00,000 (11.4 crore) convertible warrants. The remaining resolutions confirmed the appointment of Mrs. Reena Sharma and Mr. Vimal Dwivedi as Independent Directors and Mr. Rajesh Singh Kaira as Managing Director. Only 28 members in total participated in voting, indicating a closely-held shareholder base.
The approval of 11.4 crore convertible warrants signals a potential equity dilution event for existing shareholders once these warrants are converted. The registered office shift to Delhi and the company name change suggest a strategic repositioning, while new independent director appointments add to the board. Investors should watch for the warrant issue pricing and timing, as this will determine the actual dilution impact.