Modis Navnirman Ltd — Others, 18-08-2025: AGM/EGM

Modi's Navnirman shareholders have approved a special resolution for a significant scheme of arrangement through a postal ballot and remote e-voting process. This strategic move involves the merger of its wholly-owned subsidiary, Shree Modi's Navnirman Private Limited, with the parent company, Modi's Navnirman Limited. The resolution passed with an overwhelming majority, securing 18,235,200 votes in favour out of 19,591,200 total shares, representing 99.99% of the votes polled. This successful approval is poised to simplify the company's corporate structure, streamline operations, and enhance overall transparency for shareholders.