ENCLSOED HEREWITH EGM OUTCOME DATED 09/02/2026
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Sanchay Finvest Ltd held an Extraordinary General Meeting (EGM) on February 9, 2026, at its registered office in Andheri, Mumbai, from 3:00 PM to 3:30 PM. Three special resolutions were transacted: (1) Increase in Authorised Share Capital, (2) Issue and Allotment of 61,00,000 equity shares to non-promoter categories on a preferential basis, and (3) Shifting of the Registered Office from Madhya Pradesh to Maharashtra. The meeting was presided over by Managing Director Naresh Kumar Nandlal Sharma, with adequate quorum present throughout. Remote e-voting was conducted from February 6-8, 2026, via CDSL, and a poll was held at the meeting. Voting results and the scrutinizer's report will be disclosed by February 11, 2026.
The preferential allotment of 61 lakh equity shares to non-promoters signals a capital raise that could lead to equity dilution for existing shareholders. The increase in authorised capital supports this fundraising, while the registered office shift to Maharashtra may improve operational proximity to financial markets in Mumbai.