Nagreeka Exports Ltd EGM on Dec 18, 2025, Approves Share Capital Increase
Nagreeka Exports Limited held its Extra Ordinary General Meeting (EGM) on December 18, 2025, at 12:30 PM via video conferencing. The meeting focused on increasing the company's authorized share capita...
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Why is Nagreeka Exports Limited in the news today?
Nagreeka Exports Limited (NAGREEKEXP) is in the news due to the resolution to increase authorized share capital was overwhelmingly approved by shareholders, indicating positive support for the company's plans.
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Nagreeka Exports Ltd EGM on Dec 18, 2025, Approves Share Capital Increase
December 20, 2025, 07:42 AM
Nagreeka Exports Limited held its Extra Ordinary General Meeting (EGM) on December 18, 2025, at 12:30 PM via video conferencing. The meeting focused on increasing the company's authorized share capital and consequently altering the Capital Clause in the Memorandum of Association.
The voting results indicate overwhelming support for the resolution. Out of a total of 22,144,034 votes polled, 22,127,614 votes (approximately 99.93%) were in favor, and only 16,420 votes (approximately 0.07%) were against. The resolution to increase the authorized share capital was passed with the requisite majority.
The e-voting period commenced on December 15, 2025, at 9:00 AM and concluded on December 17, 2025, at 5:00 PM. The cut-off date for eligibility to vote was December 11, 2025. A consolidated scrutinizer's report, dated December 18, 2025, was submitted by Mr. Naveen Bardia, a Practicing Chartered Accountant, confirming the voting process and results.
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