Voting Results and Scrutinizers 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.
Share Samadhan Ltd held an Extra-Ordinary General Meeting (EGM) on April 28, 2025, via video conferencing, with 917 shareholders on record. Four resolutions were put to vote, and all were passed. Resolution 1 (increase in authorised share capital) and Resolution 2 (alteration of the capital clause in the Memorandum of Association) were ordinary resolutions that passed unanimously with 7,530,337 valid votes (100% in favour). Resolution 3, a special resolution to issue convertible warrants on a preferential basis to promoter/promoter group and others, passed with 99.99% support (7,529,212 votes in favour versus just 1,125 against). Resolution 4, a special resolution to regularise Mrs. Purvi Shah as Independent Director, passed unanimously. Overall voting participation was about 61.37% of outstanding shares, with the promoter group (holding 96.70%) voting entirely in favour.
The authorised capital increase and MoA amendment clear the way for the preferential warrant issue, which when converted will dilute existing shareholders' stake. Minority investors should track the warrant terms and pricing closely, as only 1,125 votes were cast against the dilution-linked resolution.