Voting Results along with Scrutinizer''s Report of EGM held on 08.05.2026
RSWM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RSWM Ltd held an Extraordinary General Meeting on May 8, 2026 to seek shareholder approval for issuing warrants convertible into equity shares to persons belonging to the Promoter/Promoter Group category on a preferential basis. This is a Special Resolution where promoters have an interest. The resolution was passed overwhelmingly with 99.99% votes in favor (2,65,66,279 votes) and only 0.01% against (1,931 votes). Total valid votes cast were 2,65,68,210 from 85 shareholders. The remote e-voting was conducted from May 5-7, 2026, with NSDL providing the e-voting platform.
The approval allows promoters to receive convertible warrants, which will dilute existing shareholders' stake when converted to equity. This brings capital to the company but reduces percentage holdings of other investors. The near-unanimous approval signals strong promoter backing for the move.