Meeting Details
- NSE Symbol: EIFFL
- Type of Meeting: Extraordinary General Meeting (EGM)
- Date of Meeting: July 17, 2026
- Meeting Time: 12:30 PM to 12:50 PM
- Record Date: June 19, 2026
- Total Shareholders on Record Date: 2,164
Proposed Resolutions and Implications
Three resolutions were proposed and approved at the EGM:
1. Ordinary Resolution: Alteration of the Capital Clause of the Memorandum of Association to increase the Authorised Share Capital of the Company.
2. Special Resolution: Issuance of Equity Shares on a Private Placement/Preferential Basis to non-promoters aggregating up to Rs. 51.69 crores at an issue price of Rs. 245/- per share.
3. Special Resolution: Issuance of Share Convertible Warrants on a Private Placement/Preferential Basis to Promoter and Non-Promoter categories aggregating up to Rs. 47.28 crores at an issue price of Rs. 245/- per warrant.
Voting Process and Methods
The voting was conducted through:
- Remote E-Voting: Managed by Central Depository Services Limited (CDSL) through www.evotingindia.com
- E-Voting Period: July 14, 2026 (9:00 AM IST) to July 16, 2026 (5:00 PM IST)
- Physical Attendance: No shareholders attended in person or through proxy
- Video Conferencing: 35 shareholders attended through video conferencing (4 Promoters/Promoter Group, 31 Public)
Key Voting Outcomes
Resolution 1 (Ordinary Resolution - Capital Increase)
- Total Votes Cast: 19,966,455 shares (80.5099% of outstanding shares)
- Votes in Favor: 19,966,455 shares (100% of votes cast)
- Votes Against: 0 shares (0% of votes cast)
- Promoter Group: 18,228,798 shares voted (100% in favor)
- Public Institutions: 0 shares voted
- Public Non-Institutions: 1,737,657 shares voted (100% in favor, 28.6712% of category)
Resolution 2 (Special Resolution - Equity Share Issuance)
- Total Votes Cast: 19,966,455 shares (80.5099% of outstanding shares)
- Votes in Favor: 19,966,455 shares (100% of votes cast)
- Votes Against: 0 shares (0% of votes cast)
- Promoter Group: 18,228,798 shares voted (100% in favor)
- Public Institutions: 0 shares voted
- Public Non-Institutions: 1,737,657 shares voted (100% in favor, 28.6712% of category)
Resolution 3 (Special Resolution - Convertible Warrants Issuance)
- Total Votes Cast: 19,966,455 shares (80.5099% of outstanding shares)
- Votes in Favor: 19,966,455 shares (100% of votes cast)
- Votes Against: 0 shares (0% of votes cast)
- Promoter Group: 18,228,798 shares voted (100% in favor)
- Public Institutions: 0 shares voted
- Public Non-Institutions: 1,737,657 shares voted (100% in favor, 28.6712% of category)
Scrutinizer's Role and Findings
- Scrutinizer: Pinal Kandarp Shukla of Dhirren R. Dave & Co. (Firm Name), Company Secretary (Qualification), Membership Number: 28554
- Appointment Date: June 19, 2026
- Report Issuance Date: July 20, 2026
- Verification Process: Votes were verified on July 17, 2026, at approximately 1:20 PM in the presence of two witnesses (Mr. Tushar Soni and Ms. Renuka Chauhan)
- Findings: All three resolutions were passed with requisite majority. No invalid votes were recorded across any shareholder category.
- Voter Participation: 80 members participated in remote e-voting, representing 19,966,455 shares
Compliance with Regulations
The company confirmed compliance with:
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Section 109 of the Companies Act, 2013
- Rule 21 of the Companies (Management and Administration) Rules, 2014
- Advertisement requirements as per Rule 20(3)(v) were fulfilled through publications in Financial Express (English and Gujarati editions) on June 26, 2026, and July 10, 2026
Additional Information
- The voting results and Scrutinizer's Report have been placed on the Company's website (www.euroindiafoods.com) and CDSL's website (www.evotingindia.com)
- Corporate Office: 4408 Central Tower, Kohinoor Square, N.C.Kelkar Marg, R.G. Gadkari Chowk Opp Shivsena Bhavan Chhatrapati Shivaji Maharaj Park, Dadar(West), Mumbai - 400028
- Registered Office/Factory: Plot No. A 22/1 G.I.D.C. Ichhapore, Surat, Gujarat, India, 394510