outcome of egm along with scrutinizer report
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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.
Swati Projects Limited held an Extraordinary General Meeting (EGM) on June 10, 2025, via video conferencing, where both special resolutions were passed with 100% approval from shareholders. Resolution 1 approved the appointment of Mrs. Shika Gupta (DIN: 10654047) as a Non-Executive Independent Woman Director, and Resolution 2 approved the appointment of Mrs. Puja Shaw (DIN: 10944367) in the same capacity. Out of a total of 1,01,00,000 outstanding shares, 57,97,067 shares (about 57.4%) were polled — including 24,05,720 from promoters (99.85% participation) and 33,91,347 from public non-institutional shareholders (44.1% participation). The EGM was conducted through remote e-voting (June 7–9, 2025) and e-voting during the meeting, with Shweta Gupta serving as the scrutinizer. The total shareholder base as of the cut-off date (June 3, 2025) was 19,215. There were no votes cast against either resolution, and no promoter interest was declared in either agenda item.
Both new independent woman directors have been formally appointed, strengthening the board's independent oversight. With unanimous shareholder approval, there is no negative sentiment to weigh on the stock. The change is governance-related and unlikely to materially affect the share price in the short term.