Key Quantitative Figures

  • Total number of shareholders on record date (17th July 2026): 5,143
  • Resolution 1: Issuance of up to 500,000 (Five Lakh) convertible warrants to promoter group entities
  • Resolution 2: Approval of material related party transactions with SPL Infusion Private Limited (subsidiary)
  • Total votes cast for both resolutions: 22,87,035 in favor, 1,957 against (99.91% approval)
  • Promoter shares abstained: 38,77,527 shares

Parties Involved

  • Subsidiary: SPL Infusion Private Limited
  • Scrutinizer: HD And Associates Company Secretaries (Mr. Hardik Darji)
  • E-voting agency: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Regulatory recipient: BSE Limited

Voting Results Details

Resolution 1 (Special Resolution - Warrant Issuance)

  • Type: Special Resolution
  • Promoter interest: Yes (abstained from voting)
  • Public non-institutions votes: 22,89,092 votes polled (29.36% of shares held)
  • Results: 22,87,035 in favor (99.91%), 1,957 against (0.09%)
  • Invalid votes: 38,77,527 (promoter votes excluded)

Resolution 2 (Ordinary Resolution - Related Party Transactions)

  • Type: Ordinary Resolution
  • Promoter interest: Yes (abstained from voting)
  • Public non-institutions votes: 22,89,092 votes polled (29.36% of shares held)
  • Results: 22,87,035 in favor (99.91%), 1,957 against (0.09%)
  • Invalid votes: 38,77,527 (promoter votes excluded)

Process Details

  • Voting conducted exclusively through remote e-voting (no physical ballots)
  • Scrutinizer appointed by Board resolution dated 23rd July 2026
  • Notice dispatched via email only to registered email addresses
  • Results certified by scrutinizer based on data from MIIPL e-voting system
  • All records handed over to Compliance Officer for safe keeping

Financial Impact

Financial impact not quantified in the disclosure.

Capital Structure Impact

Potential dilution from conversion of 500,000 warrants, though specific terms and conversion price not disclosed in this filing.