This is to inform you that the Extraordinary General Meeting of the Company was held on 12th February 2026, at 11:00 AM at the registered office of the Company. Pursuant to Regulation ....
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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.
Saffron Industries held its Extra-Ordinary General Meeting (EGM) on 12 February 2026 at 11:00 AM in Nagpur, with 3,541 shareholders on record. Only 16 shareholders attended in person or through proxy (8 promoters and 8 public), and no video conferencing was used. Two resolutions were passed unanimously, both receiving 100% of votes in favour (2,765,143 total votes) with zero votes against. Resolution 1 (Ordinary) was the re-appointment of Shri Manoj Rameshwar Sinha (DIN: 07564967) as Whole-Time Director for 3 years, and Resolution 2 (Special) approved the granting of loans and advances to group companies under Sections 185 and 186 of the Companies Act, 2013. E-voting was conducted via NSDL from 9 to 11 February 2026.
The unanimous approval provides management continuity with the re-appointed Whole-Time Director and gives the company flexibility to lend to group entities — the latter is a related-party transaction that shareholders should monitor for its scale and terms. No negative voting signal here, but the low turnout and concentration of voting power suggest retail shareholders have limited influence on outcomes.