Sobhagya Mercantile Ltd — Others, 23-06-2025: AGM/EGM

Sobhagya Mercantile Limited has announced the approval of a material related party transaction with MKS Constro-Venture Private Limited through postal ballot voting. Promoter group shares abstained from voting due to conflict of interest, resulting in 100% of valid votes cast by public non-institutional shareholders supporting the resolution. This transaction reflects ongoing business dealings with related entities, which is key for shareholders monitoring the company’s connected-party activities and governance. The transparent e-voting process had a significant portion of votes declared invalid from promoters, but the resolution passed unanimously among valid voters.