Future Market Networks Limited has secured shareholder approval to issue equity shares and fully convertible warrants on a preferential basis to a non-promoter group entity. The resolution was passed via a special vote during the Extraordinary General Meeting (EGM) held on June 17, 2026, with 88.15% of votes cast in favour. This capital raise is intended to support the company's financial structure, although specific utilization details were not disclosed in the regulatory filing.

The EGM was conducted through Video Conferencing (VC) and Other Audio Video Means (OAVM), with 85 members participating in attendance. Remote e-voting was facilitated by the National Securities Depository Limited (NSDL) from June 12 to June 16, 2026, allowing shareholders to cast their votes ahead of the meeting. Mr. Shreesh Misra, Non-Executive Director, chaired the proceedings, ensuring compliance with the Companies Act, 2013, and SEBI regulations.

Mr. Alwyn D'souza of Alwyn D'souza & Co., Company Secretaries, was appointed as the Scrutinizer to oversee the electronic voting process. The voting results, which combined remote e-voting and votes cast during the meeting, indicated a significant split among public non-institutional shareholders. While the promoter group voted entirely in favour, public non-institutions recorded 76.71% of their votes against the resolution.

The detailed voting outcomes highlight the distribution of shareholder sentiment regarding the preferential allotment. A total of 3,838,188 votes were polled, representing 6.33% of the outstanding shares as of the cut-off date of June 10, 2026. The resolution required a special majority and successfully obtained the necessary approval despite the opposition from a portion of the public shareholders.

The filing also noted that 30,00,000 fully paid-up equity shares were allotted to Surplus Finvest Private Limited on March 27, 2026, upon the conversion of warrants. However, listing and trading approval for these shares are pending, and they were consequently excluded from the promoter group's holding calculations for this vote. The results of the EGM will be announced on the stock exchanges within the stipulated regulatory timeframe.

Surplus Finvest Private Limited, a member of the promoter group of Future Market Networks Ltd , has confirmed that none of its equity shares in the company are encumbered as of March 31, 2026. This disclosure provides shareholders with clarity regarding the status of the promoter's holdings, indicating that the shares are free from any liens or charges.

The declaration was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to disclose the encumbrance status of their holdings for the financial year ended March 31, 2026.

Sangita Biyani, Director of Surplus Finvest Private Limited, signed the declaration on April 07, 2026. The filing confirms that the promoter group's stake remains unencumbered, directly or indirectly, ensuring that the shares are not pledged against any liabilities.