We inform you that an Extra-ordinary General Meeting of the company was held on Friday the 23rd day of may, 2025 at 11.00 am at the registered office of the company through video conferencing/ ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Samsrita Labs Limited held its 1st EGM for FY 2025-26 on 23 May 2025 via video conferencing, with 33 members attending and all four resolutions passed with overwhelming approval (~99.68% votes in favour). The resolutions approved include: (1) an increase in authorised share capital with a corresponding change to the capital clause of the MoA, (2) preferential issue of up to 38,40,000 equity shares to non-promoters, (3) preferential issue of up to 45,50,004 equity shares to non-promoters on a swap basis (consideration other than cash), and (4) alteration of the object clause of the MoA. Total existing equity share capital is 1,48,08,706 shares, meaning the combined preferential issuance of up to 83,90,004 shares could represent significant potential dilution of around 56% if fully allotted.
Shareholders should note that the approved preferential allotments to non-promoters could meaningfully dilute existing shareholdings if fully subscribed, though the swap-based tranche likely funds an acquisition rather than a cash raise. The change in the object clause signals a possible shift or expansion in business activities, and the higher authorised capital provides headroom for further issuances going forward.