Swadeshi Industries & Leasing Ltd — Others, 23-05-2025: AGM/EGM

Swadeshi Industries & Leasing Ltd has announced the voting results of a Postal Ballot where shareholders approved four key resolutions. These include alteration of the Articles of Association, increase in authorized share capital, issuance of convertible warrants to promoters and others on a preferential basis, and approval to take loans from directors and promoters with an option to convert into equity shares. Each resolution received overwhelming support, with over 99.9% votes in favor, reflecting strong shareholder backing for the company’s plans to strengthen its capital base and financial flexibility.