EGM Proceedings

The Extra-Ordinary General Meeting of Seshachal Technologies Limited was held on Monday, 19th October, 2026 through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 12:00 noon (IST) and concluded at 12:25 p.m. (IST), lasting 25 minutes.

Meeting Details

  • Mode: Virtual meeting conducted in accordance with MCA General Circular No. 03/2025 dated 22nd September, 2025 and applicable SEBI circulars
  • Deemed Venue: Registered Office at Plot No. 57, Text Book Colony, Secunderabad - 500 009, Telangana
  • Chairman: Mr. Raj Singh Rawat
  • Quorum: Requisite quorum under Section 103 of the Companies Act, 2013 was present with 35 members attending
  • E-voting Agency: Central Depository Services (India) Limited (CDSL)
  • Cut-off date for e-voting: Monday, 12th October, 2026
  • Remote e-voting period: Friday, 16th October, 2026 (9:00 a.m. IST) to Sunday, 18th October, 2026 (5:00 p.m. IST)
  • Scrutiniser: CS Himanshu Togadiya, Proprietor of M/s. Himanshu Togadiya & Associates, Practising Company Secretaries

Attendance

  • Mr. Raj Singh Rawat (Chairman of the Meeting)
  • Mr. Rajesh Gandhi (Director)
  • Mr. Nilesh Sharma (Director)
  • Ms. Meenu Jain (Director)
  • CS Deepika (Company Secretary & Compliance Officer)
  • Mr. Piyush Gandhi (Secretarial Auditor)
  • CS Himanshu Togadiya (Scrutiniser)

The Statutory Auditors of the Company were not present at the meeting. No queries were raised by members during the meeting.

Business Transacted

Two special resolutions were considered and approved at the EGM:

Resolution 1: Preferential Share Issue

  • Type: Special Resolution
  • Description: Issue and allotment of up to 55,000 (Fifty-Five Thousand) fully paid-up equity shares
  • Face Value: ₹10 per share
  • Issue Price: ₹76 per share (including a premium of ₹66 per share)
  • Total Amount: ₹41,80,000 (Forty-One Lakh Eighty Thousand Rupees)
  • Allottees: Mr. Ch. Narendra (27,500 shares) and Mrs. Ch. Anitha (27,500 shares)
  • Status: Both allottees belong to the Promoter Group

Resolution 2: Investment Approval

  • Type: Special Resolution
  • Description: Approval under Section 186 of the Companies Act, 2013 for making investment(s)
  • Investment Amount: Up to ₹10,00,00,000 (Rupees Ten Crore Only)
  • Investment Structure: In one or more tranches, in equity shares and/or other securities
  • Target Company: Triveni Jewellers and Bullion Private Limited
  • Target Company CIN: U32111TS2024PTC185756

Voting Results and Next Steps

The Scrutiniser will submit the consolidated report on remote e-voting and e-voting at the Meeting within two working days of the conclusion of the Meeting. The voting results as required under Regulation 44(3) of the SEBI Listing Regulations, along with the Scrutiniser's Report, will be submitted to the Exchange separately and will also be placed on the company's website (www.seshachal.com) and CDSL's website (www.evotingindia.com). Subject to receipt of the requisite majority, the resolutions shall be deemed to have been passed on the date of the Meeting, i.e. 19th October, 2026.