Sobhagya Mercantile Limited EGM Approves Convertible Warrants Issue with Overwhelming Shareholder Support
Published on: Feb. 3, 2026, 7:42 p.m. | Source: scanx.trade
Sobhagya Mercantile Limited's Extra-Ordinary General Meeting held on February 2, 2026, resulted in overwhelming shareholder approval for issuing convertible warrants on preferential allotment basis. The resolution received 7455499 votes in favor (99.9999%) with only 4 votes against, representing 88.76% participation of total shares. The meeting was conducted through video conferencing with 29 members attending, and the voting process was managed through remote e-voting facility provided by NSDL.
