ENCLOSED HEREWITH SCRUTINIZER REPORTAND VOTING RESULTS
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Suncity Synthetics Limited held an Extraordinary General Meeting on April 30, 2026 via video conference. All three resolutions were passed with shareholder approval. Resolution 1 (ordinary) approved increase in authorised share capital with 99.39% in favour (24,13,374 votes vs 14,805 against). Resolution 2 (special) approved preferential allotment of 30,00,000 equity shares to promoters and non-promoters — promoter votes (22,48,383) were excluded as interested, leaving 1,64,991 in favour and 14,805 against. Resolution 3 (special) approved alteration of the Main Object Clause of the Memorandum of Association with near-unanimous 99.996% approval (24,28,074 vs 105). The meeting lasted 16 minutes with 1 promoter and 14 public members attending via VC out of 3,239 registered shareholders.
The preferential allotment of 30 lakh equity shares will significantly dilute existing shareholders. The MoA alteration signals the company may be entering new business areas beyond its current scope.