Announced Wed, 23 Apr · 16:47 IST

Outcome of EGM held today i.e. 23rd April, 2025

Board & Shareholder Meetings View source PDF

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Svarnim Trade Udyog Ltd held an Extra Ordinary General Meeting on 23rd April 2025 via video conferencing, lasting just 5 minutes from 3:03 PM to 3:08 PM. The meeting was chaired by Whole-time Director Ms. Surbhi Aggarwal, who confirmed the presence of the required quorum. Members discussed and considered a Special Resolution for the Reduction of Share Capital of the Company. E-voting and remote e-voting were conducted, with consolidated results to be announced within 2 working days and shared with the stock exchanges (BSE and MSE).

Likely market impact

The proposed Reduction of Share Capital is a significant corporate action that can alter the company's capital structure and potentially impact share value. Investors should await the official voting results within 2 working days for clarity on whether the resolution was passed and its implications for their holdings.