Please Find enclosed herewith Voting Result and Scrutinizer Report for your reference.
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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.
Royal Sense Ltd held its 1st Extra Ordinary General Meeting on May 16, 2025 via video conferencing. The single special resolution on the agenda was to issue warrants convertible into equity shares on a preferential basis to the Promoter and Non-Promoter category. As per the scrutinizer's report (Sumit Bajaj & Associates), all 35,80,141 valid votes cast were in favour of the resolution (100%), with zero votes against. Promoters holding 33,30,141 shares voted entirely in favour, while 2,50,000 votes came from public-institutional shareholders (representing ~15.26% of their 16,38,002 shares). The promoter/promoter group was declared interested in the resolution. The EGM lasted only 20 minutes (12:30 PM to 12:50 PM), reflecting a single-item, straightforward agenda.
Shareholders have cleared a preferential issue of convertible warrants, which will dilute existing equity when the warrants are exercised and bring fresh capital into the company. Existing investors should expect potential dilution; the positive aspect is that no shareholder opposed the plan, signalling broad confidence in the capital-raising move.