Please find attached the Scrutinizer''s Report of the Extra Ordinary General Meeting of the Company held on January 16, 2026.
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Suditi Industries held an Extra-Ordinary General Meeting on January 16, 2026 via video conferencing, where all 6 resolutions were passed with overwhelming support (99.9996% in favour). Key approvals include increasing the authorised share capital and amending the MOA, raising the Section 186 limit for loans and investments, altering the object clause of the MOA, and re-appointing Mr. Raja Gopal Chinraj as Whole Time Director and CEO (Dyeing Division). Shareholders also approved the issue of 72,67,667 convertible warrants and 26,90,733 equity shares on a preferential basis to non-promoter allottees. Out of 6,684 total shareholders, 43 attended through video conferencing, and about 54.9% of outstanding shares were voted.
The preferential issue of warrants and equity shares to non-promoters will dilute existing shareholders' stake and bring in fresh capital, while the Section 186 limit increase gives the company more flexibility to lend or invest. Shareholders should watch for further announcements on allotment pricing, use of funds, and any business expansion tied to the altered object clause.