Please find the attached Scrutinizer Report along with Voting Results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Retaggio Industries held an Extra-Ordinary General Meeting (EGM) on 11th December 2025 through video conferencing, where all three resolutions were passed with the requisite majority. Resolution 1 (ordinary) approved an increase in the company's authorised share capital from Rs. 16 crore to Rs. 36 crore, with 8 members holding 99,74,010 shares voting 100% in favour. Resolution 2 (special) approved the corresponding alteration of the share capital clause in the Memorandum of Association, also passed 100% in favour. Resolution 3 (special) approved the issue, offer and allotment of 1,91,10,000 convertible warrants on a preferential basis, with 4 members holding 600 shares voting 100% in favour (interested parties were likely excluded from voting on this resolution, which is standard practice). The scrutinizer's report was issued by Nishant Bajaj & Associates, Practicing Company Secretaries.
Shareholders should note a likely future dilution event: 1,91,10,000 convertible warrants will be issued on a preferential basis, and when converted into equity shares, this will expand the company's share base. The increase in authorised capital from Rs. 16 crore to Rs. 36 crore gives the company headroom to issue more shares. The exclusion of most shareholders from voting on Resolution 3 (only 600 shares voted) indicates the preferential allotment is directed at specific parties, and existing minority shareholders may want to monitor pricing and terms when they are disclosed.