Corrigendum to voting result along with scrutinizer report
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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.
SC Agrotech Limited filed a corrigendum to the voting results of its Annual General Meeting held on 27 September 2025, after BSE raised a query about a change in the explanatory statement for Resolution No. 12. To enable shareholder participation, the company re-opened remote e-voting for 48 hours (11–13 November 2025). All 12 resolutions were passed with 100% votes in favour, though participation was extremely low — only 35 members holding 4,625 shares voted, just 0.077% of the 59,95,000 outstanding shares. Key business approved at the AGM includes the audited FY25 financials, appointment of M/s. Marks & Co. as statutory auditor, regularization/appointment of four directors (including Managing Director Pratikkumar Patel), shifting of the registered office from Delhi to Ahmedabad, an increase in authorised share capital, and issuance of up to 7 crore fully convertible equity warrants on a preferential basis.
The 100% approval is procedural given the tiny voting turnout (0.077%), so it does not reflect broad shareholder endorsement. The passing of Resolution No. 12 (7 crore warrants on preferential basis) is significant — it allows the company to raise money from select investors and will lead to equity dilution once warrants are converted. The shift of registered office to Ahmedabad and the director changes signal a possible change in management/control of this small BSE-listed company.