Trishakti Industries Limited shareholders approved a special resolution to increase the company's borrowing limits up to ₹1,000 crore during its 41st Annual General Meeting held on September 30, 2026. The move was ratified under Section 180(1)(c) of the Companies Act, 2013.

The meeting, conducted at The Spring Club in Kolkata, also saw the adoption of standalone and consolidated financial statements for FY26. Shareholders declared a final dividend of ₹0.20 per equity share with a face value of ₹2 each for the financial year ended March 31, 2026.

Voting Results and Resolution Details

All four resolutions proposed at the AGM were passed with requisite majorities. The voting data indicates strong promoter support, with promoters and promoter group casting votes on approximately 81.78% of their holding via remote e-voting. Public non-institutional shareholders participated minimally, with only about 3.09% of their holding voting.

Scrutinizer Report Highlights

Raj Kumar Banthia, Partner at MKB & Associates, served as the scrutinizer for the meeting. The report confirmed that 133 members cast votes through remote e-voting and poll combined. Of these, 127 members voted via remote e-voting, while six members or proxies voted through poll at the venue.

A total of three invalid votes were recorded among public non-institutional shareholders across the resolutions. The remaining votes were valid and counted in the presence of witnesses Ms. Khushi Nangalia and Ms. Muskaan Gupta.

What the Numbers Show

The voting pattern reveals a significant concentration of decision-making power in the hands of the promoter group. Promoters held 11,363,741 shares, while public institutions held 240,073 shares and public non-institutions held 4,872,736 shares. Despite the public non-institutional group holding nearly 30% of the total outstanding shares (4.87 million out of 16.47 million), their participation rate remained low at roughly 3%. Consequently, the outcome of all resolutions, including the substantial increase in borrowing limits, was effectively determined by the promoter block, which voted unanimously in favour.

Sagarmal Ramesh Kumar Pvt. Ltd., a promoter group entity of Trishakti Industries Ltd , acquired 1,000 equity shares through the open market on September 28, 2026. This transaction marks a marginal increase in the promoter group's holding in the company.

The acquisition was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were purchased from the BSE open market segment.

Pre-acquisition holding details

Before this transaction, Sagarmal Ramesh Kumar Pvt. Ltd. held 21,11,878 equity shares, representing 12.50% of the total voting capital. Additionally, the entity held warrants or convertible securities for 4,00,000 shares, bringing the total diluted holding to 13.88% of the total diluted share capital.

Post-acquisition position

Following the acquisition of 1,000 shares, the promoter group's direct equity holding rose to 21,12,878 shares. This represents 12.51% of the total voting capital. The holding in warrants or convertible securities remained unchanged at 4,00,000 shares.

What the numbers show

The transaction represents a negligible change in ownership structure, with the promoter group's stake increasing by just 0.01% in both voting capital and diluted capital terms. The total equity share capital of Trishakti Industries remains unchanged at ₹3,37,89,100, comprising 1,68,94,550 equity shares of face value ₹2 each. The acquisition did not involve any encumbrances or voting rights exercised otherwise than by equity shares.