Active Clothing Co. Limited Conducts EGM for Warrant Issue Approval
Active Clothing Co. Limited conducted an extraordinary general meeting on February 26, 2026, at its Mohali registered office to approve the issue of warrants convertible into equity shares on a preferential basis. The meeting was chaired by Independent Director Mr. Naval Kishore Gupta and featured comprehensive voting arrangements including remote e-voting from February 23-25, 2026, and physical voting at the venue. The special business resolution was successfully transacted and approved, with results to be communicated to BSE Limited and published on company websites within two days.
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Active Clothing Co . Limited held an extraordinary general meeting on February 26, 2026, to address the issue of warrants convertible into equity shares on a preferential basis. The meeting was conducted at the company's registered office in Mohali with comprehensive voting arrangements for shareholders.
Meeting Arrangements and Leadership
The extraordinary general meeting was held at the registered office located at Plot No. E-225, Phase-VIII B, Industrial Area, Focal Point, Mohali, commencing at 11:00 A.M. The meeting was conducted in physical mode with e-voting facility provided by Bigshare Services Pvt. Ltd., ensuring compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
| Meeting Details: | Information |
|---|---|
| Date: | February 26, 2026 |
| Time: | 11:00 A.M. to 11:50 A.M. |
| Venue: | Registered Office, Mohali |
| Mode: | Physical with e-voting facility |
| Service Provider: | Bigshare Services Pvt. Ltd. |
Mr. Naval Kishore Gupta, Independent Director, was elected as chairperson of the meeting due to the absence of regular Chairperson Mr. Rajesh Kumar Mehra. The chairperson confirmed that requisite quorum was present and proceeded with the meeting agenda.
Voting Arrangements and Procedures
The company implemented comprehensive voting mechanisms to ensure maximum shareholder participation. Remote e-voting facility was made available to all members from February 23, 2026, at 9:00 A.M. to February 25, 2026, at 5:00 P.M. Additionally, physical voting was provided at the meeting venue until conclusion for members who had not participated in the earlier e-voting process.
| Voting Timeline: | Details |
|---|---|
| Remote E-voting Start: | February 23, 2026 (9:00 A.M.) |
| Remote E-voting End: | February 25, 2026 (5:00 P.M.) |
| Physical Voting: | Available at meeting venue |
| Proxy Received: | None |
Special Business Resolution
The primary agenda item addressed was the issue of warrants convertible into equity shares to proposed allottees on a preferential basis. This special business resolution was transacted and approved during the meeting proceedings. The chairperson informed members that the notice for the extraordinary general meeting had been circulated on January 27, 2026.
Post-Meeting Compliance
The chairperson announced that combined results of voting on the resolutions, along with the scrutinizer's report, would be communicated to BSE Limited within two days of the extraordinary general meeting. The results will also be published on the company's website at www.activeclothing.in and on www.bigshareonline.com for stakeholder access.
The meeting concluded at 11:50 A.M. with a vote of thanks to the chairperson. Company Secretary and Compliance Officer Avneet Kaur Bedi digitally signed the proceedings document, ensuring proper documentation and regulatory compliance for this corporate action.
Historical Stock Returns for Active Clothing Co
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.55% | -4.26% | -6.12% | -29.76% | -21.81% | +907.46% |
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