We are hereby submitting the Outcome of the EGM Held on Thursday , 22nd January, 2026 of the company.
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Awaiting price reaction for this filing.
Sharpline Broadcast Limited held its Extra-Ordinary General Meeting (EGM) on 22 January 2026 at 12:00 PM via video conferencing, chaired by Whole Time Director Sanjeev Kumar Jha. A total of 48 members attended, and remote e-voting ran from 19 January (9 AM) to 21 January (5 PM). The single special business item placed before shareholders was the issuance of equity shares to creditors in lieu of converting outstanding unsecured inter-corporate loans into equity. Mr. Vivek Kumar, Company Secretary, was appointed as the scrutinizer for the e-voting process, and the meeting concluded at 12:06 PM. Detailed voting results were not included in this filing.
If approved, the debt-to-equity conversion will dilute existing shareholders' stakes but reduce the company's loan liabilities. Investors should look for the forthcoming scrutinizer's report with the final voting outcome.