Womancart Limited, a company registered under CIN: L74999DL2018PLC336138, recently concluded its 3rd Extra Ordinary General Meeting (EGM) on January 29, 2025, and has submitted the Scrutinizer’s Report detailing the results of the voting process. The report was compiled by Ms. Priya Binani, Proprietor of Priya Binani & Associates, and it highlights the participation and decisions made during the meeting, including both remote e-voting and physical polling.

The EGM was held for shareholders to vote on two major special resolutions, one of which pertained to the issue of equity shares on a preferential basis and the other to the issue of warrants convertible into equity shares on a preferential basis. The scrutinizer's report revealed a strong voting turnout with the resolutions passing overwhelmingly in favor of the proposals.

The voting process was conducted via remote e-voting between January 26 and January 28, 2025, with shareholders also casting their votes physically at the meeting. The report shows that 100% of the votes cast were in favor of both resolutions, ensuring that the proposed corporate actions were approved with the requisite majority. This outcome is crucial for Womancart Limited as it paves the way for significant financial actions that may help in expanding the company’s equity base and strengthening its financial position.

In terms of corporate governance, the Scrutinizer’s Report underscores the transparency and proper conduct of the voting process, ensuring that all shareholders' voices were accounted for and that no improper ballots were included. The entire process, from e-voting to polling, was executed with great attention to detail, and the report confirms that the minutes of the meeting will be officially approved by the chairman in due course.

This EGM was a key moment in Womancart Limited’s corporate journey as it transitions towards enhancing its shareholder base and equity structure. The results further solidify the company's commitment to shareholder democracy and transparent corporate governance.

For those interested in understanding more about equity issuance and corporate resolutions, this development is an important milestone for Womancart Limited. As the company moves forward with these decisions, it will be crucial for investors to stay informed about such corporate actions.

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