Key Quantitative Figures & Resolutions

The EGM was convened to seek shareholder approval for three special resolutions:

  • Resolution 1: General approval for raising funds by issuance of securities up to ₹2,500 Crores.
  • Resolution 2: Approval for the enhancement in the borrowing limits of the Company.
  • Resolution 3: Authorization for the Board of Directors to create security interests over the undertaking or substantially the whole of the undertaking of the Company under Section 180(1)(a) of the Companies Act, 2013.

Dates of Action

  • Record Date/Cut-off Date: June 12, 2026.
  • EGM Date & Time: Friday, June 19, 2026, at 11:03 AM IST.
  • Remote E-Voting Period: Commenced at 09:00 AM on Tuesday, June 16, 2026, and ended at 05:00 PM on Thursday, June 18, 2026.
  • Meeting Concluded: 11:37 AM IST on June 19, 2026.
  • Results Announcement: The details of the voting results (along with E-voting results) were to be announced within 48 hours from the conclusion of the meeting and submitted to the Stock Exchanges.

Parties Involved

  • Regulators: The meeting was conducted in compliance with circulars from the Ministry of Corporate Affairs (MCA) and Securities Exchange Board of India (SEBI).
  • Scrutinizer: M/s. S. K. Jain and Co, Practicing Company Secretary, was appointed to conduct the e-voting process.
  • Key Personnel:
  • Mr. Dilip Thakkar (Independent Director & Chairman) chaired the meeting.
  • Mr. Aditya Goswami (Company Secretary & Compliance Officer) conducted the proceedings.
  • Mr. Deepak Kumar Bansal (Executive Director & CFO) and Mr. Sanjeev Verma (Whole-time Director) addressed shareholder queries.

Proceedings & Attendance

  • The meeting was held through Video Conferencing/Other Audio-Visual Means (VC/OAVM).
  • The total number of shareholders on the record date was 72,289.
  • 34 members were present virtually. Proxies were not applicable for this meeting.
  • The requisite quorum was present at the commencement of the meeting and during the consideration of each item of business.

Purpose & Rationale

The Chairman and Management apprised members of the rationale and objectives of the proposed fund raise, including the intended utilisation of the proceeds. They provided a detailed overview of the Company's strategic initiatives and business plans, including the proposed deployment of funds towards supporting growth strategy and revenue generation opportunities.

Voting & Resolution Status

The resolutions are deemed to be passed on the date of the EGM (June 19, 2026), subject to the report of the Scrutinizer.

#Tags: #BlackBoxLimited #EGM #Fundraising #SEBIDisclosure #RegulatoryCompliance