Pursuant to Regulation 30 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Summary of Proceedings of the Extra-Ordinary General Meeting ....
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Sobhagya Mercantile Ltd held an Extra-Ordinary General Meeting (EGM) on February 2, 2026, at 4:00 PM via video conferencing. The meeting lasted about 31 minutes, concluding at 4:31 PM. One special resolution was put to vote: the issue of Convertible Warrants on a Preferential Allotment Basis. Voting was conducted through remote e-voting (January 29 to February 1, 2026) and e-voting during the EGM, with NSDL providing the platform. Three members spoke during the meeting and their questions were addressed by the Chairman, Managing Director Shrikant Mitesh Bhangdiya. Voting results are yet to be announced and will be shared with the stock exchange within statutory timelines.
The main agenda was raising capital through the issue of convertible warrants on a preferential basis, which could lead to dilution of existing shareholders if the warrants are eventually converted into equity shares. Investors should watch for the voting result announcement to know whether the proposal was approved.