Hari Govind International Ltd (HGIL) has received a significant boost to its capital structure as the Bombay Stock Exchange (BSE) granted approval for listing 6,67,500 equity shares. This development marks a crucial step in the company's efforts to strengthen its financial position and expand its shareholder base.

Key Details of the Share Issuance

Listing Approval and Next Steps

The BSE granted the listing approval on November 11, 2025. However, this is just the first step in the process. The exchange has stipulated that trading approval will only be granted after HGIL fulfills additional requirements:

1. The company must file confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts.
2. HGIL needs to provide confirmation of admitting the new capital to the depository system.

To avoid penalties, Hari Govind International is required to apply for trading approval within seven working days from the date of receiving the listing approval.

Company's Official Communication

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, HGIL formally notified the BSE about the listing approval on November 12, 2025. The notification was signed by Jugal Kishore Harikishan Maniyar, the Whole-time Director of the company.

Implications for Investors

This preferential allotment to non-promoters could potentially lead to a change in the company's shareholding pattern. Investors and market watchers will be keen to observe how this impacts the stock's liquidity and market dynamics once trading approval is granted.

As Hari Govind International moves forward with this capital action, stakeholders will be watching closely for the completion of the remaining regulatory requirements and the eventual commencement of trading for these newly listed shares.

Hari Govind International Limited , a company listed on the Bombay Stock Exchange (BSE: 531971), held an Extra-Ordinary General Meeting (EGM) on November 3, 2025, where shareholders approved a significant corporate action. The meeting, which took place at the company's registered office in Nagpur, Maharashtra, saw the ratification of a previous resolution for the allotment of equity shares on a preferential basis to non-promoter/public category investors.

Key Highlights of the EGM

• Resolution Approval: Shareholders ratified the resolution originally passed on June 13, 2025, for the issue and allotment of equity shares on a preferential basis to non-promoter/public category investors for cash consideration.

• Voting Participation: The EGM saw robust participation with 95.08% of total shares represented in the voting process.

Voting Results

The resolution received unanimous approval, with all 47,54,000 votes cast in favor of the measure.

Meeting Proceedings

• The EGM commenced at 11:00 AM and concluded at 1:00 PM.
• Mr. Jugalkishore Harikishan Maniyar, Whole-time Director, chaired the meeting.
• Roy Jacob & Co, Company Secretaries, acted as the scrutinizer for the voting process.
• National Securities Depository Limited (NSDL) provided the remote e-voting facility.

Corporate Governance Measures

Hari Govind International Limited demonstrated its commitment to corporate governance by:

1. Offering both remote e-voting and physical ballot options to shareholders.
2. Appointing an independent scrutinizer to oversee the voting process.
3. Providing detailed disclosure of voting results, ensuring transparency.

The company's actions align with the Securities and Exchange Board of India (SEBI) regulations, particularly the Listing Obligations and Disclosure Requirements (LODR).

This ratification of preferential allotment may indicate the company's strategy for capital raising. Shareholders and market observers may want to monitor future announcements for more details on the utilization of these funds and the potential impact on the company's capital structure.