On January 15, 2025, Envirotech Systems Limited (CIN: INE0SUH01015) conducted an important Extra-Ordinary General Meeting (EGM), pursuant to the regulations outlined under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The meeting was conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in strict compliance with the guidelines issued by the Ministry of Corporate Affairs and SEBI.

The EGM, held at 11:00 AM (IST), concluded at 11:10 AM (IST) and was attended by the required quorum. The meeting was called to address key corporate governance matters concerning Envirotech Systems Limited. The resolutions put to vote at the EGM are highly significant for the future of the company and reflect ongoing corporate changes.

The following major resolutions were discussed and voted on during the EGM:

Item No. 1: Appointment of M/s. HCO & Co. as Statutory Auditors

One of the primary resolutions was the appointment of M/s. HCO & Co., Chartered Accountants, as the Statutory Auditors of Envirotech Systems Limited. This resolution is critical for ensuring the integrity and transparency of the company's financial reporting. Statutory auditors play a crucial role in maintaining financial governance and helping the company adhere to regulatory standards. The appointment of a new auditor is often a routine part of corporate governance, ensuring the company maintains updated and accurate financial practices.

Item No. 2: Shifting of Registered Office from One State to Another

The second item discussed was the proposal to shift the company’s registered office from one state to another. Such a move is significant for both operational and strategic reasons, as it can impact the company’s accessibility, business environment, and regulatory compliance. The shift of the registered office to a different state is a decision that could align with Envirotech Systems Limited’s growing operations and its long-term business objectives.

Shifting the registered office might also be associated with various taxation or logistical advantages, including potential savings in operational costs or closer proximity to major business hubs. The resolution passed during the EGM marks a key moment in the company's restructuring and expansion plans.

Item No. 3: Alteration to Memorandum of Association

The third resolution involved the alteration to the Memorandum of Association of the company, which was required due to the shifting of the registered office. The Memorandum of Association (MOA) is one of the fundamental legal documents of a company, and changes to it often reflect shifts in the company's structure, operations, or legal framework. In this case, the alteration to the MOA would reflect the new address of the registered office following its relocation.

These resolutions demonstrate the company’s commitment to strengthening its internal governance practices and ensuring that its operations are in line with the evolving needs of the business. By implementing these changes, Envirotech Systems Limited is positioning itself for further growth and operational flexibility.

The EGM was conducted in accordance with the Ministry of Corporate Affairs' guidelines for conducting meetings through VC/OAVM. This was part of the compliance measures adopted by the company, ensuring all stakeholders, especially those unable to attend physically, could participate virtually.

As a publicly listed company, Envirotech Systems Limited is committed to maintaining high standards of transparency and corporate governance. The resolutions passed during the meeting are a part of its ongoing efforts to stay compliant with the SEBI regulations and ensure that the company’s governance practices meet the expectations of investors, regulators, and the public at large.

This EGM is an essential part of Envirotech Systems Limited’s strategic direction, providing the company with the ability to make structural changes that align with its growth strategy and operational goals.

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