Submitting the Scrutinizer''s Report for the EGM conducted on 21/02/2026 at 12.00 PM
Awaiting price reaction for this filing.
The company conducted an Extraordinary General Meeting on 21st February 2026 via video conferencing, with 47 shareholders attending. Six special resolutions were passed with overwhelming shareholder approval (99.79% to 99.94% in favour), with no invalid votes. The key resolution was changing the company's name from Popees Cares Limited to Koiya International Limited. Other resolutions approved the appointment of Mr. Saroj Kumar Choudhury as an Independent Director, authorisation for the Board to create security/charge on company assets under Section 180(1)(a), an increase in the borrowing limit under Section 180(1)(c), approval to grant loans and guarantees to entities where directors are interested under Section 185, and authority to make investments, loans and guarantees up to ₹100 Crores under Section 186.
The near-unanimous approval of all six resolutions shows strong shareholder backing for management's plans. The name change, higher borrowing ceiling, and ₹100 crore investment/loan authority point toward a potential business pivot or expansion, which could lead to increased debt or strategic acquisitions. Shareholders should watch for follow-up announcements on the company's new direction under the Koiya International brand.