Sikko Industries Limited held its Extra Ordinary General Meeting (EOGM) on November 13, 2025, via video conferencing, where important resolutions were passed regarding the company's equity structure. The meeting commenced at 12:30 PM IST and lasted for just five minutes. Shareholders were able to participate remotely, with provisions for e-voting available both before and during the meeting. The company had previously circulated notices in nationwide newspapers and sent emails to ensure maximum shareholder engagement.
During the EOGM, shareholders approved several key resolutions, including a subdivision/split of equity shares, an increase in authorized share capital, and the issue of bonus shares. Each of these resolutions was categorized as special resolutions, requiring a higher threshold for approval. The meeting chair, Mr. Ghanshyambhai M. Kumbhani, along with the Company Secretary, Mr. Dhruvitkumar Pareshbhai Mandliya, guided the proceedings and noted that no shareholder had raised any queries, either beforehand or during the meeting.
The company aims to enhance shareholder value through these actions, which are expected to improve liquidity and attract a broader investor base. The results of the e-voting and discussions from the EOGM will be published on Sikko's website and submitted to the stock exchange as per regulatory requirements. The meeting concluded promptly at 12:35 PM IST, with gratitude expressed to all participants for their involvement.