Meeting Details
- Date: Wednesday, 19th August, 2026
- Time: 12:00 p.m. IST to 12:12 p.m. IST
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members
- Type: Extra-Ordinary General Meeting
- Chairman: Mr. Chandrakant Patel, Chairman & Managing Director
Proposed Resolutions and Implications
The EGM considered and approved four special resolution items:
1. Amendment of Articles of Association: Approval for adoption of amended and restated Articles of Association of the Company
2. Preferential Share Issue: Issue of 23,67,573 Equity Shares on preferential basis to persons belonging to Non-Promoter category
3. Special Rights Grant: Approval of special rights granted to Galilei Holdings Co. Ltd. (formerly known as Galilei Co. Ltd.) in accordance with regulation 31B of the SEBI (LODR) Regulations, 2015
4. Creation of Charge: Creation of Mortgage/Charge on the Assets of the company
Voting Process and Methods
The company provided remote e-voting facility to all members as on the cut-off date. The voting process was conducted as follows:
- Remote e-voting period: August 16, 2026 (from 09:00 A.M.) to August 18, 2026 (till 05:00 P.M.)
- Members attending the EGM who had not cast their vote by remote e-voting were entitled to exercise their right to vote by e-voting during the EGM
- Necessary registers and reports were kept open for inspection during the EGM in electronic mode
Scrutinizer Appointment
Mr. Kashyap R. Mehta and, failing him, Mr. Yash K. Mehta, Partners of M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries, Ahmedabad were appointed as the Scrutinizer for scrutinizing the E-voting process.
Compliance Framework
The meeting was conducted in compliance with:
- Companies Act, 2013
- General Circular No. 3/2025 dated September 22, 2025
- General Circular No.20/2020 dated May 5, 2020
- General Circular No. 14/2020 dated April 8, 2020
- General Circular No. 17/2020 dated April 13, 2020
- SEBI Circulars regarding virtual meetings
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Key Personnel
- Chairman: Mr. Chandrakant Patel, Chairman & Managing Director
- Company Secretary & Compliance Officer: Mr. Mandar Desai
- Scrutinizer: M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries
Additional Information
- The voting results and Scrutinizer's Report will be declared within 2 working days of the conclusion of EGM
- Results will be communicated to National Stock Exchange Limited (NSE)
- Details of voting results as required under Regulation 44(3) of SEBI LODR Regulations will be submitted separately within stipulated time
- Notice date: July 24, 2026
- Cut-off date for membership: Not specified in document
- Quorum: Requisite quorum was present at the meeting