Sharpline Broadcast Limited successfully conducted its Extra Ordinary General Meeting on January 22, 2026, where shareholders overwhelmingly approved a special resolution for issuing equity shares to creditors. The meeting was held through video conferencing at 12:00 PM, addressing the conversion of outstanding unsecured inter-corporate loans into equity shares.

E-Voting Results and Participation

The resolution received strong shareholder support with 98.71% votes cast in favor of the proposal. The detailed voting breakdown shows significant approval from the shareholder base:

Shareholder Participation Details

The company had 11231 total shareholders on the record date of January 15, 2026. The participation statistics reveal the meeting's accessibility through digital platforms:

Voting Process and Timeline

The e-voting facility was provided by National Securities Depository Limited, ensuring a transparent and secure voting process. The voting timeline was structured as follows:

• E-voting Period: January 19, 2026 (9:00 AM) to January 21, 2026 (5:00 PM)
• Cut-off Date: January 15, 2026
• EGM Date: January 22, 2026 (12:00 PM)
• Results Declaration: January 27, 2026

Vivek Kumar (M.No. F8976, C.P. No. 10438) from V Kumar & Associates served as the scrutinizer, appointed by the Board of Directors on December 26, 2025. The scrutinizer confirmed that all procedural requirements under the Companies Act 2013 and SEBI regulations were properly followed.

Resolution Details

The special business item focused on the "Issue of Equity Shares to the Creditors towards Conversion of Outstanding Unsecured Inter Corporate Loans." This resolution required special majority approval, which was successfully achieved with the overwhelming support from participating shareholders.

The company's Whole-time Director Sanjeev Kumar Jha (DIN: 02840583) signed the results declaration, confirming the successful completion of the voting process and resolution approval. The results were communicated to BSE Limited (Scrip Code: 543341) and Metropolitan Stock Exchange Limited (Scrip Symbol: SHARPLINE) on January 27, 2026.

Sharpline Broadcast Limited has announced a key leadership change with the resignation of its Chief Financial Officer Ms. Monica Asri, effective January 07, 2026. The company formally communicated this development to stock exchanges under regulatory compliance requirements.

Resignation Details

The resignation was announced through an official intimation to BSE Limited and Metropolitan Stock Exchange Limited, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decision was made based on the recommendation of the company's Nomination and Remuneration Committee.

Official Communication

Ms. Monica Asri submitted her resignation letter directly to the Board of Directors, requesting immediate relief from her duties as CFO. In her resignation letter, she specifically mentioned personal and unavoidable circumstances as the primary reasons for her departure. The resignation letter was addressed to the company's registered office at 38 Rani Jhansi Road, Motia Khan, Paharganj, Delhi.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements by filing the appropriate documentation with stock exchanges. Whole-Time Director Sanjeev Kumar Jha signed the official intimation on behalf of Sharpline Broadcast Limited. The filing included comprehensive details as required under SEBI circular guidelines, ensuring full transparency regarding the leadership change.

Company Information

Sharpline Broadcast Limited operates in the media sector and maintains its registered office in Delhi. The company is listed on both BSE Limited (Scrip Code: 543341) and Metropolitan Stock Exchange Limited (Scrip Symbol: SHARPLINE), ensuring compliance with dual listing requirements for such corporate announcements.