Announced Thu, 30 Apr · 18:48 IST

Enclosed herewith EGM outcome and Proceedings dated 30-04-2026

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹13.62
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-4.6-9.3-39.5-30.5
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AI summary

Suncity Synthetics Limited held an Extraordinary General Meeting (EGM) on April 30, 2026 via video conference from 2:00 PM to 2:16 PM. Out of 3,239 total shareholders as of the cut-off date (April 23, 2026), 15 members attended the meeting, which was chaired by Independent Director Mr. Nitin Arvind Oza. Three business items were transacted: (1) an Ordinary Resolution to increase the Authorised Share Capital, (2) a Special Resolution to issue and allot 30 lakh equity shares on a preferential basis to promoter and non-promoter categories, and (3) a Special Resolution to alter the Main Object Clause of the Memorandum of Association. The actual voting results and scrutinizer's report will be filed with BSE by May 4, 2026.

Likely market impact

This is a procedural filing — the key resolutions (authorised capital hike, preferential allotment of 30 lakh shares, and object clause change) are pending shareholder approval results, which could lead to equity dilution and a change in the company's permitted business activities once disclosed.