Voting Results/Scrutinizer Report of EGM held on 24th December 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Western Ministil Limited held its Extra-Ordinary General Meeting on December 24, 2025 via video conferencing, where all 6 special resolutions were passed unanimously with 100% votes in favor and zero votes against. The resolutions covered: (1) increase in authorised share capital, (2) issue of equity shares and convertible warrants on a preferential basis, (3) increase in borrowing limits, (4) power to create charge on company assets to secure borrowings, (5) increase in limits for investments/loans/guarantees, and (6) amendment to the Object Clause of the Memorandum of Association. Out of 21,57,186 total outstanding shares, 11,27,836 shares (52.28%) were polled, with promoters contributing 10,78,884 votes and public non-institutions 48,952 votes. Only 37 shareholders (1 promoter group entity and 36 public) attended the meeting through VC, out of 5,798 total shareholders on the record date of December 17, 2025.
The passing of these resolutions clears the way for a potential equity dilution via the preferential share/warrant issue and allows the company to raise additional borrowings — shareholders should watch for the preferential issue pricing and allottee details in upcoming filings. Low public voting turnout (only 4.64% of public non-institutional shares were polled) suggests limited minority shareholder engagement on these significant corporate actions.