EGM approves 5 resolutions including rename to WeAgro Limited and expanded borrowing powers
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 0.6 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Tejassvi Aaharam Limited held its first EGM on 15 October 2026 via video conference. Shareholders approved all 5 special resolutions, including changing the company name to WeAgro Limited, altering the object clause of the MoA, and expanding borrowing and lending powers under sections 180, 185 and 186 of the Companies Act 2013. Out of 22,871 votes polled on 70 lakh shares (0.33% turnout), 78.14% voted in favor and 21.86% against each resolution. Promoters did not vote. Only 18 public shareholders attended through VC.
Name change to WeAgro Limited hints at a business pivot. Very low voter turnout is a governance red flag for retail investors to watch.