Please find enclosed herewith summary of proceedings of the Extra Ordinary General Meeting of the company held on Saturday, January 10, 2026 at 01:30 P.M through VC
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Standard Capital Markets Ltd held its Extra Ordinary General Meeting on January 10, 2026 at 1:30 PM via video conferencing, chaired by Company Secretary Mrs. Vineeta Gautam. A total of 130 members attended through VC. Nine resolutions were taken up, including eight Ordinary Resolutions seeking shareholder approval for material related party transactions with entities such as Titanium Unlisted Assets Pvt Ltd, Titanium Holdings India Pvt Ltd, Standard ARC Ltd, N D A Securities Ltd, NDA Commodity Brokers Pvt Ltd, NDA Research Technologies Pvt Ltd, Earth Leasing and Finance Pvt Ltd, and Srikaya Foundation. A Special Resolution was also moved for conversion of loan into equity shares under Section 62(3) of the Companies Act, 2013. Remote e-voting was held from January 7-9, 2026, and M/s Nitika G & Associates was appointed as scrutinizer. The meeting concluded at 2:12 PM.
The bulk of the EGM focused on approving material related party transactions across several group/associated entities, indicating significant inter-group financial dealings. The proposed loan-to-equity conversion under Section 62(3) could lead to dilution of existing shareholders if approved with voting results still pending. Investors should watch for the scrutinizer's report on voting outcomes to gauge shareholder sentiment on these related party deals.