Manas Polymers & Energies Limited successfully concluded its 1/2026-2027 Extraordinary General Meeting (EGM) on July 16, 2026, via video conferencing. The meeting was convened to seek shareholder approval on proposals outlined in the notice dated June 18, 2026. Ms. Shivangini Gohel, Proprietress of M/s Shivangini Joshi & Associates, was appointed as the scrutinizer to oversee the voting process.

The EGM commenced at 2:00 PM and concluded at 2:12 PM. Mr. Vineet Bhadauria, Managing Director and Chairman of the Board, presided over the meeting. The proceedings were conducted in compliance with the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) regulations.

Shareholders were provided with the facility to vote electronically through remote e-voting and e-voting during the meeting. The remote e-voting facility was available from July 13, 2026, at 9:00 AM until July 15, 2026, at 5:00 PM, for members holding shares as on the record date of July 9, 2026.

No questions were raised by the members during the meeting. The voting results, along with the scrutinizer's report, will be submitted to the stock exchanges within two working days of the EGM's conclusion. The results will also be published on the company's website.

Key Meeting Details

Manas Polymers & Energies Limited has convened an Extraordinary General Meeting (EGM) on July 16, 2026, to seek shareholder approval for increasing its authorised share capital from ₹10 crore to ₹30 crore. The meeting, to be held via Video Conferencing (VC) and Other Audio Visual Means (OAVM), aims to secure flexibility for future fund-raising activities to support business expansion, capital expenditure, and strategic acquisitions. The company has fixed July 9, 2026, as the cut-off date to determine shareholder eligibility for voting.

The proposal involves altering the capital clause of the Memorandum of Association to reflect the increase in authorised share capital. Currently, the authorised share capital stands at ₹10,00,00,000 divided into 1,00,00,000 equity shares of ₹10 each. The resolution seeks to enhance this to ₹30,00,00,000 divided into 3,00,00,000 equity shares of ₹10 each. The Board of Directors, in its meeting on June 18, 2026, recommended this increase to enable the company to act swiftly on market opportunities without seeking repeated approvals.

Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided a remote e-voting facility. Shareholders can cast their votes electronically from July 13, 2026, at 9:00 A.M. (IST) to July 15, 2026, at 5:00 P.M. (IST). The e-voting module will be disabled after the deadline, and shareholders who have voted remotely will not be entitled to vote again during the meeting.

The notice of the EGM and relevant documents are available on the company's website, the National Stock Exchange (NSE) website, and the platform of Purva Sharegistry (India) Private Limited, the registrar and transfer agent appointed for the meeting. Ms. Shivangini Gohel has been appointed as the Scrutinizer to oversee the voting process. The results of the voting will be declared on the date of the EGM and subsequently submitted to the NSE.

Key Meeting Details

Proposed Capital Structure Change