Silgo Retail Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 20, 2025
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Silgo Retail Limited submitted the Scrutinizer's Report and voting results of its 10th AGM held on August 20, 2025, conducted via Video Conference. A total of 1,68,85,874 shares (72.29% of the 2,33,59,529 outstanding shares) were polled through remote e-voting and e-voting during the AGM. All 9 resolutions were passed with overwhelming support, receiving over 99.99% votes in favor in each case. Key resolutions included adoption of FY2025 financial statements, re-appointment of director Ms. Anisha Jain, appointment of M/s. Mahendra Khandelwal & Company as Secretarial Auditor for 5 years, alteration of Articles of Association and Main Object Clause of MOA, increase in Authorized Share Capital, preferential issue of equity shares to non-promoters, and issue of fully convertible warrants to promoter and non-promoter categories. The approval of material related party transactions was also passed, with the promoter group abstaining from voting on resolutions where they had an interest.
This is a routine regulatory disclosure confirming that all AGM resolutions, including capital-raising measures (preferential equity issue and convertible warrants) and related party transactions, have been approved by shareholders. The near-unanimous approval suggests strong shareholder confidence, though the capital expansion and related party deals may dilute existing holdings and warrant closer scrutiny by retail investors.