SVA India Limited has disclosed the detailed voting results of its Extra Ordinary General Meeting held on March 13, 2026, revealing unanimous shareholder approval for both auditor appointments. The company submitted the comprehensive voting results to BSE on March 17, 2026, in compliance with Regulation 44 of SEBI Listing Regulations.

Meeting Overview and Participation

The Extra Ordinary General Meeting was conducted at SVA India Limited's registered office at 162-C, Mittal Tower, 16th Floor, Nariman Point, Mumbai, with Mrs. Rakhi Gupta, Non-Executive Director, chairing the proceedings. The meeting addressed critical governance matters through two special business resolutions.

Voting Results and Shareholder Response

Both resolutions received overwhelming support from shareholders, with 100% approval rates. The voting process combined remote e-voting through NSDL's platform and physical polling during the meeting.

Approved Appointments

Shareholders unanimously approved two critical auditor appointments to fill casual vacancies:

Resolution 1: Appointment of M/s. Jayesh Dadia & Associates LLP as Statutory Auditor to fill the casual vacancy, ensuring continued financial audit compliance.

Resolution 2: Appointment of Somani & Associates as Secretarial Auditor for FY 2025-2026, maintaining regulatory compliance standards.

Scrutinizer Report and Compliance

Mrs. Poonam Somani of M/s. Somani & Associates, the appointed scrutinizer, submitted her consolidated report on March 17, 2026. The report confirmed the validity of all voting processes and declared both resolutions passed with requisite majority.

The company fulfilled its regulatory obligations by submitting the detailed voting results to BSE within the prescribed timeline, demonstrating strong corporate governance practices and transparent shareholder communication.

SVA India Limited has significantly strengthened its position in Aussee Oats India Limited through a strategic rights issue participation, transforming the associate company into a subsidiary. The transaction, completed on March 10, 2026, represents a substantial increase in the company's stake in the oats and cereals import-export business.

Transaction Details

The investment involved the subscription of 4,99,999 Class A Equity Shares at face value, with key parameters outlined below:

Shareholding Transformation

The rights issue participation has resulted in a significant change in SVA India's ownership structure in Aussee Oats India Limited:

Business and Strategic Context

Aussee Oats India Limited operates in the import-export business of oats and cereals, representing a strategic sector for SVA India's portfolio expansion. The acquisition was executed through rights offered for subscription of shares, maintaining the company's existing relationship while strengthening control and operational oversight.

Regulatory Compliance

The transaction falls within the related party transaction framework, as Aussee Oats India Limited was previously an associate company. SVA India has confirmed that none of the company's promoter, promoter group, or group companies have any interest in Aussee Oats India Limited beyond SVA India's direct holding. The acquisition has been structured at arm's length through subscription of equity shares at par value on a rights basis.

Corporate Governance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No governmental or regulatory approvals were required for this acquisition, and the transaction was completed entirely through cash consideration. The disclosure follows the requirements under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.