We hereby submit the disclosure on Voting Results of the Company for the Extra Ordinary General Meeting of the Company held on Friday 06th February 2026.
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Awaiting price reaction for this filing.
SPV Global Trading Limited held an Extra Ordinary General Meeting on 6th February 2026, where shareholders approved a special resolution to sell 22,79,410 equity shares (54.90% stake) in its material subsidiary Rashtriya Metal Industries Limited to prospective buyer(s) at a negotiated value. A total of 131 shareholders were on record as of 30th January 2026, and 19,60,000 shares were polled, with 18,67,829 votes (95.30%) cast in favor of the resolution and 0 votes against. Promoter group holding 13,18,586 shares voted entirely in favor through poll, while public non-institutions holding 5,49,243 shares also voted 100% in favor. The EGM was attended by 4 promoter group members and 6 public members in person. Mrs. Priti Nikhil Jajodia, Practising Company Secretary, acted as scrutinizer for the e-voting and poll process.
The approval paves the way for the company to divest its controlling 54.90% stake in material subsidiary Rashtriya Metal Industries Limited, which is a significant corporate action that could unlock value for shareholders depending on the negotiated sale price. Shareholders should watch for the next announcement disclosing the actual buyer and deal value, as this will be the key driver of any stock price reaction.