Meeting Details
The Extra Ordinary General Meeting was held on Saturday, 27th June, 2026 at 11:00 A.M. (IST) through Video Conference (VC) / Other Audio-Visual Means (OAVM). The meeting concluded at 11:25 A.M. (IST), lasting 25 minutes.
Attendance Record
Record date for shareholders: 20th June, 2026
Total number of shareholders on record date: 24,364
Directors and Officers Present:
- Mr. Karnik Shasankan Pillai, Chairman and Managing Director (DIN: 08529650)
- Mr. Harshkumar Kalidas Patel, Chief Financial Officer
- Mr. Jatinbhai Ramanbhai Patel, Non-Executive Director
- Ms. Himali Maheshbhai Thakkar, Non-Executive Independent Director
- Mr. Sagar Kumar, Non-Executive Independent Director and Chairperson of Audit Committee
- Ms. Komal Manohar Lal Motiani, Non-Executive Independent Director, Chairperson of Nomination and Remuneration Committee and Stakeholder's Relationship Committee
- Ms. Himani Jhamar, Company Secretary & Compliance Officer
Scrutinizer:
- Mr. Kamlesh M Shah, representative of M/s. Kamlesh M Shah & Co, Practicing Company Secretaries
Proceedings Summary
The meeting was chaired by Mr. Karnik Shasankan Pillai, Chairman & Managing Director. The Company Secretary confirmed requisite quorum was present through VC/OAVM. The Notice convening the EGM dated 1st June, 2026 was taken as read with Members' consent.
Special Business Approved
The sole item of Special Business was approval for issuance and allotment of up to 20,00,00,000 (Twenty Crore) Fully Convertible Equity Warrants on a preferential basis to Promoter and Non-Promoter category investors.
Key Terms Disclosed:
- Issue price: ₹2.50 per warrant (mentioned in Chairman's explanation)
- Conversion period: 18 months from date of allotment
- Funds utilization: For general corporate purposes
- Regulatory compliance: SEBI Listing Regulations and Companies Act, 2013 provisions
Voting Procedure
Remote e-voting facility was provided prior to the meeting. Members who had not voted could cast votes during the meeting through e-voting facility, which remained open for 15 minutes after meeting conclusion. Mr. Kamlesh M. Shah was appointed as Scrutinizer to oversee the voting process.
Additional Documents Available
Statutory Registers and documents referred to in the Notice and Explanatory Statement, including ratification letter relating to the company's change of name from Alka India Limited to AUDROC Limited, were available electronically for inspection during the meeting.
Shareholder Participation
No registered speaker shareholders were present, and accordingly, no questions were raised during the meeting.