voting results of the EGM held on 19.02.2026
Awaiting price reaction for this filing.
Photon Capital Advisors held an Extra-Ordinary General Meeting on February 19, 2026, where all 5 resolutions were passed with overwhelming shareholder approval (99.9997% in favour, only 2 shares voted against). Key resolutions included adopting new Articles of Association, increasing authorised share capital and amending the MoA's capital and objects clauses, and approving the preferential issue of up to 12,07,000 equity shares along with up to 19,90,000 unlisted convertible warrants. Voting turnout was about 42% of outstanding shares, with promoters (holding roughly 75% of equity) voting entirely in favour. The company has 6,568 shareholders on record and no public institutional shareholders participated.
Shareholders should note that the preferential allotment of 12.07 lakh equity shares plus 19.90 lakh convertible warrants could lead to meaningful dilution if all warrants are eventually exercised. The change in the objects clause suggests a potential shift or expansion in business direction that investors should monitor closely.