Meeting Information
Extra Ordinary General Meeting held on Friday, 06th November, 2026 at 12:30 p.m. IST through Video Conferencing/Other Audio Visual Means. The meeting concluded at 12:52 p.m.
Attendance
All Directors attended except Mr. Devindersingh Bhumra. Representatives from Statutory Auditors M/s. Maheshwari & Co, Secretarial Auditors M/s. Roy Jacob & Co, and Scrutinizer CS Devesh Pathak attended through VC.
Quorum and Procedures
Requisite quorum was present. CS Devesh Pathak was appointed as Scrutinizer to scrutinize votes cast through remote e-voting and e-voting during EGM. E-voting facility remained open till 15 minutes after meeting conclusion for members who hadn't voted through remote e-voting.
Agenda Items Approved
The EGM approved three special business resolutions:
1. Preferential Issuance to Promoters for Loan Conversion: Approval for issuance of up to 96,00,000 (Ninety-Six Lakh) Equity Shares on preferential basis to Promoter and Promoter Group for consideration other than cash, specifically conversion of existing unsecured loans.
2. Preferential Warrant Issuance to Promoters for Cash: Approval for issuance of 1,00,00,000 (One Crore) Warrants, convertible into Equity Shares, on preferential basis to Promoter and Promoter Group for cash consideration.
3. Preferential Issuance to Non-Promoter Public: Approval for issuance of up to 40,00,000 (Forty Lakh) Equity Shares on preferential basis to Non-Promoter Public Category for cash consideration.
Voting and Results
All resolutions were voted through remote e-voting prior to meeting. Results will be notified to stock exchange within stipulated time from meeting conclusion and uploaded on company website and NSDL website.