With reference to the captioned subject, we are enclosing herewith following in relation to the 37th Annual General Meeting (AGM) of the Company held on Wednesday, 03rd September, 2025 ....
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Shree Pacetronix Ltd held its 37th AGM on September 3, 2025 via video conferencing, with 7,012 shareholders on record. Six resolutions were put to vote — 3 ordinary and 3 special — and all were passed with overwhelming majority (over 99.98% in favour each). The ordinary resolutions covered adoption of FY25 audited financial statements, re-appointment of Managing Director Atul Kumar Sethi by rotation, and appointment of Mrs. Shraddha Jain as secretarial auditor. The three special resolutions included re-appointment of Mr. Sethi as Managing Director, approval of a preferential equity issue to a promoter-group person, and issuance of 2,25,450 fully convertible warrants on a private placement basis to promoter-category persons. About 51% of total shares (18.33 lakh shares) were polled through remote e-voting and AGM e-voting combined.
The preferential issue of equity shares and 2,25,450 convertible warrants to the promoter group will result in equity dilution for existing public shareholders once the warrants are exercised. Promoters are increasing their stake, which is a signal of confidence but also reduces public float. All resolutions sailed through with near-unanimous support, so no governance surprises — short-term price impact is likely limited.