E-voting Results and Scrutinizer''s Report of corrigendum to the EGM
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Sunita Tools Limited has submitted a corrigendum to the voting results of its Extraordinary General Meeting (EGM) held on December 6, 2025. The corrigendum was issued after BSE raised queries, prompting the company to reopen the remote e-voting window from February 8 to February 9, 2026. Two resolutions were considered: (1) an Ordinary Resolution to increase the authorised share capital and amend the capital clause of the Memorandum of Association, and (2) a Special Resolution to issue convertible warrants on a preferential basis. Both resolutions passed with 100% of polled votes in favour. Promoters (holding 4,252,691 shares) voted 3,015,195 shares in favour of both resolutions, representing 70.9% of their holdings. The Scrutinizer, CS Mayuri Rupareliya, received no new queries or additional votes during the reopened voting period. The total voting turnout stood at 48.02% of outstanding shares (6,280,461).
Shareholders have approved an increase in authorised capital and the issue of convertible warrants on a preferential basis. While the warrant issue terms are not detailed here, preferential allotments typically lead to equity dilution for existing public shareholders once the warrants are converted.