Announced Wed, 25 Feb · 16:58 IST

Please find the attached Outcome of Extra Ordinary General Meeting

Board & Shareholder Meetings View source PDF

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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

Vaishno Cement Company Ltd held an Extra Ordinary General Meeting (EGM) on February 25, 2026, via Video Conferencing, lasting 16 minutes from 1:00 PM to 1:16 PM. A total of 33 members attended the meeting chaired by Whole-Time Director Mr. Jatin Nanji Chheda, with Mr. Nishant Bajaj acting as Scrutinizer for the e-voting process. Shareholders approved three special resolutions: adoption of a new Memorandum of Association, adoption of new Articles of Association (both aligned with the Companies Act, 2013), and most notably, a reduction of the company's share capital. Remote e-voting was conducted via NSDL from February 21 to February 24, 2026. Voting results were to be submitted to BSE within two working days.

Likely market impact

The share capital reduction is a significant corporate action that could affect the company's equity structure and per-share metrics, though final details await the formal voting results. The adoption of new MOA and AOA is largely a procedural alignment with the Companies Act, 2013 and unlikely to materially impact shareholders. Investors should review the detailed voting results once disclosed on BSE and the company website.