Corporate ActionApr 29, 2026, 04:43 PM
Vyome Holdings (HIND) Decreases Authorized Common Stock to 50M Shares
AI Summary
Vyome Holdings, Inc. held its 2026 Annual Meeting of Stockholders where shareholders approved a significant amendment to the Certificate of Incorporation. The authorized common stock was decreased from 300,000,000 to 50,000,000 shares, with the Certificate of Tenth Amendment filed to effectuate this change. Additionally, Venkat Nelabhotla and John Tincoff were elected as Class II directors, and the appointment of Kreit & Chiu CPA LLP as the independent auditor for fiscal year 2026 was ratified. Stockholders also approved executive compensation on an advisory basis.
Key Highlights
- Authorized common stock decreased from 300,000,000 to 50,000,000 shares.
- Certificate of Tenth Amendment filed with Delaware Secretary of State on April 24, 2026.
- Total authorized stock now 60,000,000 shares (50M common, 10M preferred).
- Venkat Nelabhotla and John Tincoff elected as Class II directors until 2029.
- Kreit & Chiu CPA LLP ratified as independent auditor for fiscal year 2026.
- Stockholders approved executive compensation on a non-binding, advisory basis.
- Annual Meeting had 4,602,547 shares represented, constituting a 65.57% quorum.
Price Impact
More from HIND