Atmastco Limited secured shareholder approval to increase its authorised share capital and raise funds through preferential allotments during an Extra-Ordinary General Meeting (EGM) held on June 06, 2026. The resolutions enable the company to amend its capital clause and issue equity shares and warrants to promoters and strategic investors, a move critical for its capital restructuring strategy in FY27. The meeting was conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM) in compliance with the Companies Act, 2013 and SEBI regulations.

Resolutions Passed

Members considered three specific items of business. The first item, an ordinary resolution, sought approval to increase the authorised share capital and alter the capital clause of the Memorandum of Association. The subsequent two items, passed as special resolutions, authorized the issuance of equity shares and warrants on a preferential basis to persons belonging to the promoter or promoter group, as well as non-promoter categories and strategic investors.

Voting Results

The remote e-voting facility was open from 9:00 a.m. on June 03, 2026, until 5:00 p.m. on June 05, 2026. A total of 17 members participated through VC/OAVM. All three resolutions were passed with the requisite majority. The scrutinizer, Vivek Rawal of Rawal & Co., confirmed the results.

For the ordinary resolution to increase share capital, 99.97% of the valid votes were cast in favour, with 16,658,690 votes supporting the proposal and 5,200 votes against it. The special resolutions for issuing equity shares and warrants received 99.94% approval, with 9,354,413 votes in favour and 5,200 votes against each. The detailed voting results and the Scrutinizer's Report have been submitted to the stock exchanges and are available on the company's website.

Atmastco Limited has paid a ₹22,420 fine to the National Stock Exchange of India Limited following a penalty levied for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The fine was imposed due to the inadvertent failure to file the Integrated Governance Report (XBRL) for the quarter ended December 31, 2025. The Board of Directors, at its meeting held on May 26, 2026, acknowledged the lapse and confirmed that the penalty has been duly remitted.

The non-compliance pertained to Regulation 13(3) for the period ending December 31, 2025. The Exchange records indicated a delay of 19 days, resulting in a base fine of ₹19,000 and an additional GST of ₹3,420. The Board noted that the company, to which corporate governance provisions are presently not applicable, missed the filing unintentionally and not willfully. Consequently, the Board advised management to ensure strict adherence to all applicable compliance requirements going forward.

Fine Details

The breakdown of the penalty levied by the exchange is detailed below:

Compliance Measures

In its response to the exchange, Atmastco Limited reiterated its commitment to comply with all regulatory requirements in letter and spirit. The company stated that it has implemented necessary measures to avoid such occurrences in the future. The payment was made via RTGS, NEFT, or Net Banking, and the details were updated on the NEAPS portal under the SOP Fine Payment section.

The exchange notice, referenced as NSE/LIST-SOP/COMB/FINES/0179 dated February 20, 2026, had warned of potential actions such as freezing promoter shareholding or shifting trading to a 'Trade for Trade' basis in case of continued default. Since the fine has been paid and the Board has commented on the matter, these immediate sanctions have been averted.