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AGM/EGM7 Nov 2026, 04:40 pm

Craftroot Retail Ltd: EGM Approves Share Capital Increase & Warrant Issue

AI Summary

Craftroot Retail Ltd (formerly Nirbhay Colours India Limited) held its Extra Ordinary General Meeting (EOGM) on November 5, 2026. The meeting, conducted via video conferencing, saw the approval of three resolutions. Key among these were the increase in authorized share capital and an amendment to the company's memorandum of association. Additionally, the company secured approval for the preferential issue of convertible equity warrants to promoters and public category investors for cash consideration. The voting results, along with the scrutinizer's report, have been filed with the exchange and will be available on the company's website.

Key Highlights

  • EGM held on November 5, 2026, approved three resolutions.
  • Authorized share capital increase and MoA amendment approved.
  • Preferential issue of convertible warrants to promoters and public approved.
  • All resolutions passed with unanimous support from public shareholders.
  • Scrutinizer's report confirms the passing of resolutions.