We are hereby Submitting Declaration of results of E-voting at the EGM held on Thursday, 22nd January,2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sharpline Broadcast Ltd held an Extra-ordinary General Meeting on 22 January 2026 via video conferencing, where shareholders approved a special resolution to issue equity shares to creditors in exchange for outstanding unsecured inter-corporate loans. Out of 11,231 shareholders on record, only 48 public shareholders attended through VC, and no promoter group shareholders participated. A total of 9,873 votes were polled, with 9,746 votes (98.71%) in favor and 127 votes (1.29%) against the resolution. The resolution was passed with the requisite majority as confirmed by the scrutinizer, Mr. Vivek Kumar. The company has now submitted the consolidated voting results and scrutinizer's report to BSE and MSEI for record.
This EGM approval allows Sharpline Broadcast to convert outstanding unsecured loans from creditors into equity shares, which will lead to dilution of existing shareholders and a change in the company's debt-equity structure. Shareholders should monitor the actual share issuance details and pricing, as this affects their ownership percentage.