Please find herewith Scrutinizer''s Report along with Regulation 44(3) of SEBI(LODR), 2015
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SVA India Limited conducted a postal ballot (e-voting from April 6 to May 5, 2025) seeking shareholder approval on six special resolutions, all of which passed unanimously. Two new Independent Directors were appointed: Mr. Ajay Puranik (DIN-00784606) and Mr. Sanjay Nandan Damani (DIN-03078104). Shareholders also approved related party transactions with a promoter group company, raising investment and loan limits under Section 186, increasing the borrowing limit under Section 180(1)(C), and creating charges on company assets under Section 180(1)(A). Of the 33,02,600 total shares, 16,86,280 votes (51.06%) were polled, all in favour with zero votes against. For the related party transaction, promoters (holding 11,53,880 shares) abstained from voting as interested parties, and only public shareholders' 5,32,400 votes were counted.
The company has strengthened its board with two new independent directors and secured shareholder backing for higher borrowing capacity and related party dealings with the promoter group. Investors should note the increased financial flexibility but also monitor how the expanded borrowing and RPT limits are utilised going forward.