Please find enclosed Scrutinizer''s Report.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Spinaroo Commercial Limited held an Extra Ordinary General Meeting (EGM) on 11th March 2026 via video conferencing. Two special resolutions were put to vote and both were passed with 100% votes in favour and 0% against, with 64.84% voting participation (4,535,340 out of 6,994,000 shares; 9 members voted). Resolution 1 was to increase the Authorised Share Capital of the company. Resolution 2 was to issue equity shares on a preferential basis through a share swap for the acquisition of Spino Poly Products Private Limited. The promoter group (holding 3,333,340 shares, ~47.7%) voted entirely in favour of both resolutions, and the promoter group was declared interested in Resolution 2. The Scrutinizer, Ms. Sneha Agarwal (Practicing Company Secretary), confirmed all votes were valid.
For shareholders: The authorised share capital is being raised to accommodate a share-swap-based acquisition of Spino Poly Products Pvt Ltd, which will result in dilution for existing shareholders via preferential allotment to the promoters/sellers of the target company. The acquisition could expand Spinaroo's business footprint, but minority shareholders should expect shareholding dilution once the new shares are issued.