AGM Results: All 6 Resolutions Passed, Includes Fundraise and Director Appoinements
SPCENET · price
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Spacenet Enterprises India held its 16th AGM on 29 September 2026 via video conferencing. The scrutinizer's report shows all 6 resolutions passed with over 99.98 percent votes in favour. Items included adoption of audited financial statements, re-appointment of retiring director Mr Dasigi Venkata Surya Prakash Rao, appointment of Mr Srikanth Tatipaka as Non-Executive Director, appointment of Mr Prathlpati Parthasarathi as Independent Director for a second term with continuation beyond age 75 (special resolution), approval of material related-party transactions, and approval for raising funds through permissible modes (special resolution).
Strong shareholder backing. Fundraise approval could lead to future equity, debt, or convertible issuance. RPT approval enables related-party deals.