AGM 2026 results: all 4 resolutions passed, authorised capital hike approved
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Sita Enterprises held its 43rd AGM on Sept 11, 2026 via video conferencing. All 4 resolutions passed with 99.98% approval. Key items: adoption of FY26 audited financials, re-appointment of two retiring directors (Mr. Kirit Thakker and Mr. Harsh Gandhi), and increase in authorised share capital from Rs 3 crore to Rs 20 crore with MOA alteration. About 77.67% of paid-up capital participated in voting.
Authorised capital hike from Rs 3 crore to Rs 20 crore signals room for future fund raise or stock split. All resolutions passed with near-unanimous shareholder support.