Shree Pushkar shareholders approve capital hike, warrants for promoters

Shree Pushkar Chemicals & Fertilisers Limited reported the voting results from its Extra-Ordinary General Meeting (EGM) held on December 10, 2025. Shareholders overwhelmingly approved an ordinary resolution to increase the authorized share capital from INR 32.50 crores to INR 33.50 crores. This resolution garnered 99.9995% of the votes in favor, totaling 2,19,78,489 votes, with only 0.0005% (116 votes) against.

Additionally, a special resolution for the issuance of fully convertible warrants to the promoters of the company on a preferential basis was passed with 99.9756% of votes in favor, amounting to 4,75,339 votes. Only 0.0244% (116 votes) were cast against this resolution. Promoters and the promoter group abstained from voting on this particular resolution due to their vested interest.

The EGM saw participation from 2 promoters and 46 public shareholders via video conferencing, with a total of 17,845 shareholders on record as of December 3, 2025. The remote e-voting process, managed by BigShare Services Private Limited, concluded on December 9, 2025, and the combined results confirmed the passage of both resolutions.