Consolidated Scrutinizer Report & Voting Result of the Extra Ordinary General Meeting of the Company held on 31st October 2025
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Vipul Organics held an Extra Ordinary General Meeting on 31 October 2025 via video conferencing. The sole item on the agenda was a Special Resolution to issue equity shares on a preferential basis to non-promoter category persons. Out of 7,163 shareholders on record (as of 24 October 2025 cut-off), 6 promoter group members and 39 public shareholders attended through VC. The resolution was passed with overwhelming support: of 11,802,500 valid votes polled, 99.9997% voted in favour and only 40 votes were against. Promoter group voted 11,645,841 shares in favour (100%), while public non-institutions polled 156,619 shares in favour out of 156,659 voted.
The preferential allotment to non-promoters has been approved by shareholders, meaning the company can now proceed with the equity issuance. This could lead to dilution for existing shareholders but also brings in fresh capital or a strategic non-promoter investor. Given the near-unanimous approval, no meaningful shareholder dissent was recorded.