Super Crop Safe Limited has announced the successful completion of its Extraordinary General Meeting (EOGM) held on January 19, 2026, with all three proposed special resolutions receiving overwhelming shareholder approval. The meeting was conducted through video conferencing, with 48 shareholders participating—9 from the promoter group and 39 from the public category.

Meeting Overview and Participation

The EOGM was held at 2:00 PM IST with a record date of January 12, 2026. The company had a total of 14,162 shareholders on the record date, with PCS Rupal Patel serving as the scrutinizer for the voting process.

Resolution Results

Resolution 1: Related Party Transaction Approval

The first resolution regarding approval of related party transaction for conversion of loan into equity shares achieved strong support across all shareholder categories.

Resolution 2: Preferential Share Issuance

The second resolution for issuance of up to 1,17,44,731 equity shares on preferential basis upon conversion of outstanding unsecured loan to non-promoter category persons received identical voting results.

Resolution 3: Director Appointment Regularization

The third resolution for regularization of appointment of Mr. Satish I Patel (DIN: 11413031) as Executive Director also passed with strong support. Notably, 31,77,357 shares belonging to interested parties were excluded from voting on this resolution.

E-Voting Process

The e-voting facility was provided by MUFG Intime India Private Limited, with the voting period running from January 16, 2026, at 9:00 AM to January 18, 2026, at 5:00 PM. The voting results demonstrate strong shareholder confidence, with minimal opposition across all three resolutions—only 200 votes cast against each resolution from the public non-institutional category.

Corporate Governance Compliance

The meeting was conducted in full compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013. The scrutinizer's report, dated January 21, 2026, confirmed the validity of the voting process and results. All voting records and documentation have been made available on the company's website at www.supercropsafe.in for transparency and stakeholder access.

Super Crop Safe Limited has issued a formal notice for its Extra-Ordinary General Meeting (EGM) scheduled for January 19, 2026, at 2:00 PM through video conferencing. The meeting will address critical corporate actions including the conversion of outstanding loans into equity shares worth ₹152.68 crores and regularisation of a key directorial appointment.

EGM Agenda and Key Resolutions

The company will seek shareholder approval for three special resolutions during the EGM. The primary focus centers on converting unsecured loans from related and non-related parties into equity shares through a preferential allotment mechanism.

Preferential Issue Structure

The board has approved the issuance of up to 1,17,44,731 equity shares of ₹2 face value each at an issue price of ₹13 per share. The preferential allotment will convert outstanding unsecured loans totaling ₹15,26,81,500 into equity shares for non-promoter entities.

Related Party Transaction Approval

The first resolution seeks approval for related party transactions involving loan conversion. Voltrix INC qualifies as a related party since Mr. Narendrasingh Zala, a company director, holds partnership interest in the firm. The transaction requires special resolution approval under Section 188 of the Companies Act, 2013 and Regulation 23 of SEBI LODR.

Shareholding Pattern Impact

The preferential issue will significantly alter the company's shareholding structure. Post-allotment, the promoter shareholding will decrease from 32.72% to 25.32%, while public shareholding will increase from 67.28% to 74.68%.

Directorial Regularisation

The third resolution addresses the regularisation of Mr. Satish I Patel's appointment as Executive Director. Following the demise of Mr. Ishwarbhai B Patel, the board appointed Mr. Satish I Patel as Additional Director on December 19, 2025. The EGM will seek formal shareholder approval for his three-year tenure until December 18, 2028.

Regulatory Compliance and Pricing

The issue price of ₹13 per share complies with SEBI ICDR Regulations, being higher than both the 90-day volume weighted average price (₹10.55) and the independent valuation report price. The relevant date for pricing determination is December 19, 2025, being 30 days prior to the EGM date.

Utilisation of Loan Proceeds

The converted loan amounts were previously utilised for critical business operations including repayment of secured loans (₹1.63 crores), working capital requirements (₹13.61 crores), and statutory liability payments (₹0.03 crores). The conversion will strengthen the company's capital structure by reducing debt burden and improving the debt-equity ratio.

Shareholders can participate in the EGM through the InstaMeet platform and exercise voting rights via the InstaVote e-voting system provided by MUFG Intime India Private Limited.