EGM Details
An Extraordinary General Meeting was held on Friday, 17th July, 2026 at 4:00 P.M. through Video Conferencing (VC). The cut-off date for shareholders eligible to vote was 10th July, 2026.
Voting Arrangements
Remote e-voting facility was provided to shareholders as of the cut-off date. E-voting was also made available at the EGM for shareholders who had not already voted remotely. M/s. Mihen Halani & Associates, Practicing Company Secretary (FCS No. 9926) acted as scrutinizer for the e-voting process.
Meeting Proceedings
Mr. Rajinder Kaul, Chairman, chaired the meeting. The Chairman made opening remarks regarding the company's growth outlook and explained the rationale for the proposed preferential issue, stating it would strengthen the Company's financial position, support its growth strategy, and provide resources to pursue future business opportunities.
Resolutions Approved
The following special resolutions were approved:
Item 1: Approval for issuance of up to 1,51,49,079 equity shares on preferential basis to persons belonging to the non-promoter category
Item 2: Approval for issuance of up to 38,38,102 share warrants, convertible into equity shares on preferential basis to persons belonging to both promoter and non-promoter categories
Post-EGM Procedures
The combined results of the voting on the resolutions, along with the Scrutinizer's Report, will be intimated to BSE Limited and placed on the Company's website and the website of Central Depository Services (India) Limited within 02 working days of the EGM.