Announced Thu, 1 Oct, 2026 · 17:02 IST

AGM results: All 7 resolutions passed including preferential warrants issue

Board & Shareholder Meetings View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹3.35

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-1.5% vs market

Logistics Solution Provider peers, median of 44sector-0.1%-1.4% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.4 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.0-1.5-0.1-1.4

Next day

+4.5+1.3+3.2+1.3+3.1

-4.5+1.1-5.6+0.2-4.7

-4.5-1.7-2.8-1.8-2.7

-4.2-1.4-2.7-0.6-3.6

-8.4-0.6-7.7-1.4-6.9

-4.5+0.3-4.8+0.2-4.7

15d

-7.8pendingpending-6.0-1.8

—————

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 44Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

11th AGM held 30 Sep 2026 via video conference. All 7 resolutions passed with requisite majority. Key items: adoption of FY26 audited financial statements, re-appointment of 2 retiring directors (Kalandan Mohammed Haris and Kalandan Mohammad Arif), approval of loans or guarantees under Section 185 (99.96 percent in favour, 20000 votes against), related party transactions with Shipwaves Online LLC subsidiary and Mukka Proteins Limited, and issue of convertible warrants on preferential basis. Promoters hold 9.54 crore shares out of 14.15 crore total outstanding.

Likely market impact

Preferential warrants issue may dilute existing shareholders. All governance items cleared with strong support and no major dissent.