Beezaasan Explotech544369EGM

EGM held on 13 October 2026 via video conference; preferential share issue resolution tabled

The Extra-Ordinary General Meeting was held on Tuesday, 13 October 2026 at 3:02 P.M. (IST) through video conference, with no physical attendance of members.

By ScoutQuest · Tue 13 Oct 2026, 6:05 PM IST · 2 min read

EGM Date and Time: held on Tuesday, 13 October 2026 at 3:02 P.M. (IST)
Resolution Tabled: Issuance of Equity Shares of the Company through a Preferential Offer on a Private Placement Basis — a Special Resolution
Scrutinizer Report Timeline: The scrutinizer's report is to be declared within two working days

The update is a summary of the proceedings of the Extra-Ordinary General Meeting (EGM) of the members of Beezaasan Explotech Limited.

How the meeting was held

The EGM was held on Tuesday, October 13, 2026 at 3:02 P.M. (IST) through two-way video conferencing and other audio-visual means, without the physical presence of members at a common venue. The Chairman called the meeting to order once the requisite quorum was present, and the meeting was declared concluded at 3:12 P.M. Since there was no physical attendance of members, the requirement of appointing proxies was not applicable, except for authorised representatives of corporate shareholders.

Who was present

Eight directors were listed as in attendance, including Mr. Navneetkumar Radheshyam Somani, Chairman & Managing Director, who chaired the meeting, along with whole-time directors, an executive director, an independent director, the Finance head, the Chief Financial Officer and the Company Secretary & Compliance Officer. Also present as invitees were the scrutinizer, Umesh Parikh (partner of M/s Parikh Dave & Associates), and the internal auditor.

The business tabled

The single item of business placed before members, as per the Notice of the EGM, was

Issuance of Equity Shares of the Company through a Preferential Offer on a Private Placement Basis — classified as a Special Resolution.

How voting was conducted

Remote e-voting facility was provided to members and ran from Saturday, 10th October, 2026 at 09:00 A.M. to Monday, 12th October, 2026 at 5:00 P.M.
Members present at the EGM through VC were also given the opportunity to cast their vote through the e-voting facility made available during the meeting.
E-voting at the EGM was allowed for 15 minutes after the conclusion of the meeting.
M/s. Parikh Dave & Associates, Practicing Company Secretaries, were appointed by the Board as scrutinizer to supervise the e-voting process.

What happens next

The consolidated scrutinizer report on the votes cast is to be declared within two working days of the conclusion of the EGM. On receipt of the scrutinizer report, the Company will declare the voting results and place them on the Company's website, and also submit them to the stock exchange where the shares of the Company are listed. Until that declaration, the outcome of the resolution is at the voting-result stage.

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