Leo Dryfruits & Spices Trading Limited shareholders have approved the alteration of the company's Articles of Association to enable the issuance of warrants and convertible securities. The resolution was passed with 100% of votes in favour at an Extraordinary General Meeting (EGM) held on July 17, 2026, via video conferencing. This amendment allows the company to expand its capital-raising instruments by inserting new Article 15A into its regulatory framework.

The EGM commenced at 10:03 A.M. IST and concluded at 10:13 A.M. IST. The requisite quorum was present, and the meeting was chaired by Kaushik Sobhagchand Shah, Chairman and Managing Director. The Board appointed Mr. Ritul Parmar, Proprietor of M/s. Ritul Parmar & Associates, as the Scrutinizer to oversee the e-voting process.

Remote e-voting was facilitated through the National Securities Depository Limited (NSDL) platform. The voting process commenced on July 14, 2026, at 9:00 A.M. IST and concluded on July 16, 2026, at 5:00 P.M. IST. A total of 81,59,140 votes were polled, representing 45.60% of the outstanding shares.

Voting Results

The special resolution received the necessary approval from both promoter and public shareholder categories. There were no votes cast against the resolution, and no invalid votes were recorded.

The Scrutinizer's Report confirms that the resolution was passed with the requisite majority. The results have been submitted to BSE Limited and are available on the company's website.

Leo Dryfruits & Spices Trading Ltd has scheduled an Extraordinary General Meeting (EGM) on July 17, 2026, to seek shareholder approval for the alteration of its Articles of Association to facilitate the issuance of warrants and other convertible securities. The meeting will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM) at 10:00 A.M. This strategic move aims to enable the company to raise capital through convertible instruments, subject to shareholder approval.

The Board of Directors, at its meeting held on June 18, 2026, approved the proposal to insert a new Article 15A into the Articles of Association. This provision will authorize the company to issue and allot warrants, convertible securities, convertible debentures, preference shares, or other securities on a preferential or private placement basis. The alteration requires a Special Resolution under Section 14 of the Companies Act, 2013.

The company has provided a remote e-voting facility for members through National Securities Depository Limited (NSDL). The remote e-voting period commences on July 14, 2026, at 9:00 A.M. IST and concludes on July 16, 2026, at 5:00 P.M. IST. The cut-off date to determine shareholder eligibility for voting is July 10, 2026.

Mr. Ritul Parmar, Practicing Company Secretary, has been appointed as the Scrutinizer to ensure the e-voting process is conducted fairly and transparently. The facility for appointing proxies will not be available as the meeting is being held via VC/OAVM. The results of the voting will be declared on the date of the meeting and subsequently communicated to the Stock Exchange.

The notice of the EGM has been dispatched to members and is available on the company's website. Shareholders holding shares in physical form are requested to update their PAN, KYC details, and nomination details.