Voting results of 45th AGM as per Reg 44 of SEBI (LODR) Regulation, 2015
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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.
Shree Rajasthan Syntex Ltd held its 45th AGM on September 10, 2025, where all 9 resolutions were passed with overwhelming shareholder support (around 99.99% in favour on each). Routine items included adoption of FY25 financial statements, re-appointment of Mr. Anubhav Ladia (Whole-Time Director & CFO) by rotation, ratification of Cost Auditors' remuneration, appointment of Secretarial Auditors, and re-appointment of two Independent Directors. More material resolutions included increasing the authorised share capital and altering the MOA accordingly, issuing up to 81,25,000 equity shares on a preferential basis for cash, and issuing up to 46,00,000 equity shares on a preferential basis against conversion of an existing unsecured loan. Out of 7,736 shareholders, only about 58% of total shares (roughly 1.62 crore shares) were voted.
The preferential share issues (up to ~1.27 crore new shares in total) signal equity dilution for existing shareholders, though part of it is a non-cash conversion of existing debt. The smooth passage of all resolutions, supported heavily by promoters holding ~51% stake, removes governance uncertainty. Watch for the issue price and allotment details in the next filings, as they will determine actual dilution impact.