Disclosure of Voting Results and Scrutiniser Report of the EGM held of teh Company on 10 December 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Stellant Securities (India) Ltd held an Extraordinary General Meeting on 10 December 2025 at its registered office in Nariman Point, Mumbai, where all three resolutions were passed with requisite majority. Resolution 1 (Ordinary) approved an increase in the Authorised Share Capital along with a corresponding amendment to the Capital Clause of the Memorandum of Association, with 24,33,301 shares (100%) voted in favour. Resolution 2 (Special) approved the issuance of up to 7,05,882 warrants convertible into equity on a preferential basis to the Promoters for cash, also passing 100% in favour, though 24,22,710 shares were recorded as abstentions. Resolution 3 (Special) approved the preferential issuance of up to 25,57,730 equity shares to Non-Promoter Public Category group, passing 100% in favour. No votes were cast against any of the three resolutions, and the scrutiniser confirmed that quorum was present and no poll paper was found invalid.
Existing shareholders should expect significant dilution once the preferential warrants (to promoters) and equity shares (to non-promoter public) are issued, as the combined potential issuance far exceeds the current voting base of 24,33,301 shares. The authorised capital hike paves the way for these issuances, and investors should watch for allotment pricing and dilution impact in upcoming filings.