Please find enclosed the Proceedings of EGM held on 2nd March, 2026.
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Simplex Castings Limited held an Extraordinary General Meeting (EGM) on Monday, 2nd March 2026 at 2:00 PM via video conferencing, which concluded at 2:25 PM. The meeting was chaired by Ketan Moolchand Shah (Whole Time Director & Chairman) and attended by all directors, the CFO, Company Secretary, statutory auditor and scrutinizer. The only item on the agenda was a Special Resolution to create, offer, issue and allot equity shares on a preferential basis. No registered shareholder speakers participated in the meeting. Members were allowed to vote through remote e-voting (via CDSL) and e-voting during the meeting, with the e-voting window kept open for 15 minutes after conclusion. The consolidated voting results were to be shared with BSE and posted on the company's website within 48 hours.
The resolution pertains to a preferential equity allotment, which is a capital-raising move that may lead to dilution for existing shareholders once the detailed results and allotment size are disclosed. Investors should watch for the voting outcome and the terms of the preferential issue (price, quantity, allottees) which will follow within 48 hours.