Meeting Details
- Date: Thursday, 20th August, 2026
- Time: 11:30 A.M. to 12:30 P.M. IST
- Location: Registered Office of the Company at Gat No. 139/1 and 139/2 Umala, Jalgaon - 425003, Maharashtra, India
- Meeting Type: Extra-Ordinary General Meeting held in physical presence of members
Proposed Resolution
- Resolution Number: 1
- Resolution Type: Special Business
- Details: To approve, offer, issue and allotment of equity shares and convertible warrants on a preferential basis
- Purpose: Raising an aggregate amount of ₹324,99,96,750 (Rupees Three Hundred Twenty Four Crore Ninety Nine Lakh Ninety Six Thousand Seven Hundred Fifty only) from promoters and marquee non-promoter investors
- Utilization: As specified in the Explanatory Statement to the Notice read with corrigendum to the EGM notice
Voting Process and Methods
- Remote e-voting facility was provided through Bigshare Services Private Limited, the Registrar & Share Transfer Agent
- Remote e-voting period: 16th August, 2026 (9:00 A.M. IST) to 19th August, 2026 (5:00 P.M. IST)
- Physical voting: Ballot paper voting was available during the EGM for members who had not voted remotely
- Scrutinizer: Ms. Yuti Nagarkar, Practicing Company Secretary (C.P. No.: 10802) was appointed to scrutinize the voting process
Compliance and Regulatory Aspects
The meeting was conducted in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All documents mentioned in the EGM Notice were made available physically for inspection by members during the meeting.
Meeting Proceedings
Mr. Rahul Lavane, Company Secretary & Compliance Officer, welcomed the members. Mr. Deepak Suresh Chaudhari, Chairman and Managing Director, being interested in the resolution, did not chair the meeting. Mr. Pankaj Ravindra Rote, a member of the company, was appointed as Chairperson with consent of members present. The meeting had requisite quorum present.
Members were given opportunity to ask questions and seek clarifications during a question-and-answer session. After the session, polling was conducted using ballot papers where members marked 'Assent' or 'Dissent'.
Results and Disclosure Timeline
The results were committed to be submitted to stock exchanges within two working days of the meeting conclusion. The results along with Consolidated Scrutinizer's Report on remote e-voting and ballot paper voting will be placed on the company's website (www.spectrum-india.com) and Bigshare's website.