Atmastco Limited has secured a work order worth Rs 15.00 Crores from Megha Engineering & Infrastructures Ltd. The order entails the supply of pre-fabricated structures, including Piperack 10C and ducting or supporting structures for boilers. The project is located at HRRL, Rajasthan, and falls under the 2075-10A CFBC PKG scope. The company confirmed that the order is from a domestic entity and is commercial in nature.

The execution timeline for the order will follow the terms specified in the purchase order. Atmastco clarified that the contract value of approximately Rs 15.00 Crores is not considered material under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, nor the company's internal Materiality Policy. Despite this, the disclosure was made voluntarily as a measure of good corporate governance.

The filing confirmed that the promoter, promoter group, or group companies hold no interest in the entity awarding the order. Furthermore, the transaction does not qualify as a related party transaction. The information was submitted to the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details

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.