VOTING RESULTS EOGM
Awaiting price reaction for this filing.
Kratos Energy & Infrastructure Ltd (BSE: 501261) held an Extraordinary General Meeting via video conferencing on April 12, 2025, where all 5 special resolutions were passed unanimously with 100% votes in favour. Out of 10,00,000 total shares, 7,65,515 votes (76.55%) were polled, with no votes against any resolution. The resolutions approved include: (1) changing the main object of the company and altering Object Clause III(A) of the MOA, (2) changing the name of the company, (3) amendment to the MOA, (4) amendment to the AOA, and (5) changes in other documents. Of the 92 shareholders on record, only 8 attended through VC (1 promoter group member and 7 public shareholders). Promoters holding 4,90,051 shares (49%) voted entirely in favour, and public shareholders holding 2,75,464 out of 5,09,949 shares (54%) also voted entirely in favour.
Shareholders have cleared the way for a significant corporate restructuring — including a possible name change and a shift in the company's main business objective — which could signal a strategic pivot. The company is very small (10 lakh total shares) and thinly traded, so any resulting change in identity or business focus could meaningfully affect investor perception and stock price going forward.