Prudential Sugar Corporation Limited — Others, 30-06-2025: Shareholders meeting

Prudential Sugar Corporation Limited has announced that its shareholders approved a special resolution at the Extra-Ordinary General Meeting held through video conferencing. The resolution concerned a change in the ‘Objects of the Issue’ related to a preferential allotment of 1.25 crore equity shares to non-promoter investors. Voting was conducted electronically with over 99.99% of valid votes cast in favor. This approval paves the way for the planned equity issuance, which is a key step for the company’s capital raising and growth plans, directly impacting shareholder value.