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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.
Trishakti Industries held an Extra-Ordinary General Meeting on 13th August 2025 (3:00 PM to 3:45 PM) via video conferencing, where two special resolutions were passed with overwhelming majority (99.9979% in favour). Resolution 1 relates to the issue of convertible warrants by utilising existing unsecured loans and/or infusing fresh funds on a preferential basis. Resolution 2 covers the issue of equity shares and convertible warrants through fund infusion on a preferential basis. Both resolutions were voted on by 103 members (88 through remote e-voting and 15 at the meeting), with only 247 votes cast against each. Promoters and promoter group (holding 1,09,76,145 shares) were marked as interested parties in both resolutions, indicating the preferential issue is likely to them or their group. The scrutinizer's report was issued by Raj Kumar Banthia of MKB & Associates on 14th August 2025.
These approvals clear the way for the company to raise capital via a preferential issue — likely to promoters — which will dilute existing public shareholders' stakes. The near-unanimous public approval (99.96% in favour among non-institutional public) signals broad acceptance, though retail investors should watch for the final issue price and allotment details as they will determine the actual dilution impact.