Meeting Details
The 1st Extraordinary General Meeting 2026 was held on Wednesday, September 09, 2026, at 12:00 P.M. through Video Conferencing (VC)/Other Audio Visual Means (OAVM) from the Registered Office of the Company.
Attendance and Leadership
Mr. Tekkar Yashwanth Prabhu, Independent Director (DIN: 02113527) and Chairman of the company, chaired the meeting. Quorum was confirmed with 31 members attending through VC/OAVM. All directors of the company attended the meeting.
Business Transacted
The following special resolutions were considered and transacted at the meeting:
- Item 1: Issuance of Equity Shares of the Company on a Preferential Basis ("Preferential Allotment") - Special Resolution
- Item 2: Issuance of Warrants Convertible into Equity Shares of the Company on a Preferential Basis ("Preferential Allotment") - Special Resolution
Voting Process
The company provided remote e-voting facility to members from September 04, 2026 (9:00 A.M. IST) to September 08, 2026 (5:00 P.M. IST) on both resolutions. Members who had not cast votes during the remote e-voting period were provided an opportunity to vote electronically during the meeting through the NSDL portal.
Mr. Deepak Sadhu of M/s Deepak Sadhu & Co, Practising Company Secretary, was appointed as the Scrutinizer to ensure fair and transparent voting and remote e-voting process.
Management Commentary
Mr. Sunil L Mundra, Managing Director, made remarks with respect to the Preferential Issue. Members were given opportunity to ask questions and seek clarification, which were answered appropriately by the Managing Director.
Meeting Conclusion
The Chairman informed that voting results will be declared after receipt of the Scrutinizer's Report. The meeting concluded at 12:35 PM after being open for 15 minutes for E-Voting.
Financial Impact
Financial impact not quantified in the disclosure. The resolutions pertain to capital raising through preferential allotment of equity shares and warrants.