Pune E-Stock Broking Limited successfully conducted its Extra-Ordinary General Meeting on Friday, March 13, 2026, addressing key corporate governance matters through video conferencing. The meeting, which commenced at 12.00 noon and concluded at 12.07 P.M., saw active participation from shareholders and management.

Meeting Overview and Attendance

The Extra-Ordinary General Meeting was conducted through Video Conferencing and Other Audio Visual Means, ensuring accessibility for all stakeholders. Mrs. Archana Gorhe, Wholetime Director, served as the Chairperson after Mr. Vrajesh K Shah stepped down due to his interest in one of the agenda items.

E-Voting Process and Scrutinizer Appointment

The company facilitated remote e-voting for shareholders to exercise their voting rights electronically. The remote e-voting period was strategically scheduled from March 10, 2026, at 9.00 a.m. to March 12, 2026, at 5.00 p.m. Members attending the meeting who had not voted electronically were provided the opportunity to cast their votes through the Insta vote Platform during the meeting.

M/s. Shailesh Indapurkar & Associates, Practicing Company Secretaries, were appointed as scrutinizer to ensure fair and transparent scrutinization of both remote e-voting and e-voting conducted during the meeting.

Special Business Items Deliberated

The meeting addressed three significant special business items that required shareholder approval:

Compliance and Reporting Framework

The company demonstrated its commitment to regulatory compliance by adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting results along with the consolidated Scrutiniser's Report will be disseminated to the Stock Exchanges within 2 working days of the meeting's conclusion.

The voting results for all resolutions will be submitted to the Stock Exchange as per Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, accompanied by the scrutinizer's report. Additionally, the results will be published on the company's website, CDSL platform, and other mandatory platforms to ensure transparency and accessibility for all stakeholders.

The meeting concluded with a vote of thanks from the Chairperson, marking the successful completion of the corporate governance exercise. Company Secretary & Compliance Officer Ashwini Ashish Kulkarni oversaw the proceedings and ensured proper documentation of the meeting outcomes.

Pune E-Stock Broking Limited has completed the dispatch of notice for an Extraordinary General Meeting (EGM) scheduled to be held on Friday, March 13, 2026 at 12.00 P.M. through video conference. The company informed BSE Limited about the completion of dispatch process in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items for EGM

The EGM will address three major business items requiring shareholder approval. The primary focus centers on a significant fundraising initiative through convertible warrants, alongside corporate governance enhancements and capital structure modifications.

Convertible Warrants Issuance

The company proposes to issue up to 16,00,000 convertible warrants on a preferential basis to promoters and non-promoter categories. Each warrant carries the right to subscribe to one equity share at ₹234 per warrant, including a premium of ₹224 each.

Allottee Distribution

The warrants will be distributed among various categories of investors, with both promoter group and non-promoter participants.

Notable allottees include Vrajesh K Shah jointly with others (4,00,000 warrants), Pratik Saraogi (8,00,000 warrants), and Naresh Saraaf (1,00,000 warrants), among others.

Fund Utilization Strategy

The company has outlined a comprehensive deployment plan for the ₹37,44,00,000 proceeds across five strategic areas:

• MTF Book Expansion: Up to ₹9,36,00,000 (25%) for margin trading facility enhancement
• IPO Underwriting: Up to ₹9,36,00,000 (25%) for anchor investor and underwriting capabilities
• Debt Repayment: Up to ₹9,36,00,000 (25%) to reduce existing borrowings
• Merchant Banking: Up to ₹7,48,80,000 (20%) for division scaling
• General Expansion: Up to ₹1,87,20,000 (5%) for overall business growth

Corporate Governance Enhancement

The second agenda item proposes increasing the maximum board strength from 15 to 20 directors. This expansion aims to strengthen corporate governance framework, ensure optimal board composition per SEBI regulations, and facilitate induction of professionals with diverse expertise.

Capital Structure Modification

The company seeks to increase its authorized share capital from ₹18,05,00,000 to ₹25,00,00,000 by creating additional 69,50,000 equity shares of ₹10 each. This increase will provide necessary headroom for future capital requirements and business expansion plans.

Meeting Logistics

The EGM will be conducted through video conferencing in accordance with MCA and SEBI circulars. Key dates include:

Shareholders can participate through Bigshare Services Private Limited's e-voting platform, with facility available for at least 1,000 members on first-come-first-served basis.