Suncity Synthetics Limited has officially filed its EGM outcome with BSE Limited under Regulation 30, detailing the successful conduct of its Extraordinary General Meeting on April 30, 2026. The EGM, chaired by Independent Director Mr. Nitin Arvind Oza, addressed three key resolutions including increase in authorized share capital, preferential allotment of 30 lakh equity shares, and alteration of the main object clause in the Memorandum of Association. The company will disclose voting results and scrutinizer report by May 4, 2026, ensuring full regulatory compliance.

Suncity Synthetics Limited Files Official EGM Outcome Under Regulation 30

Suncity Synthetics Limited has officially filed its Extraordinary General Meeting (EGM) outcome with BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The EGM was successfully conducted on April 30, 2026, through videoconference to address key corporate governance matters.

Meeting Details and Regulatory Filing

The company submitted its formal communication to BSE Limited on April 30, 2026, detailing the EGM proceedings held from 2:00 PM to 2:16 PM IST. The filing was signed by Managing Director Sumita Mishra (DIN: 00207928) and includes comprehensive documentation as required under listing regulations.

Parameter: Details Meeting Date: April 30, 2026 Meeting Duration: 2:00 PM - 2:16 PM IST Total Shareholders (Cut-off date): 3239 Members Attended: 15 Cut-off Date: April 23, 2026 Chairperson: Mr. Nitin Arvind Oza (Independent Director) BSE Code: 530795 CIN: L17110MH1988PLC454234

Business Resolutions Transacted

The EGM addressed three significant business items as outlined in the notice dated April 6, 2026, read with the corrigendum dated April 24, 2026. All items were successfully transacted during the meeting:

Sr. No. Agenda Types of Resolution 1 Increase in Authorised Share Capital Ordinary Resolution 2 Issue and Allotment of 30,00,000 Equity shares to the Promoter & Non-Promoters categories of persons on preferential basis Special Resolution 3 Alteration of Main Object Clause of Memorandum of Association of the company Special Resolution

E-Voting Process and Compliance Framework

The company provided comprehensive e-voting facilities through Central Depository Services (India) Limited (CDSL). Remote e-voting was conducted from April 27, 2026, at 9:00 AM IST to April 29, 2026, at 5:00 PM IST. Members who had not cast their vote earlier were given opportunity to vote during the EGM itself.

CS Suprabhat Chakraborty, Practicing Company Secretary (Membership No. A41030 CP No: 15878), was appointed as the scrutinizer to ensure fair and transparent voting through electronic means. The voting rights were proportionate to shareholders' paid-up equity share capital as on the cut-off date of April 23, 2026.

Disclosure Timeline and Next Steps

As per the official filing, Suncity Synthetics Limited has committed to disclosing the following information by May 4, 2026:

Voting results of all businesses transacted at the EGM as required under Regulation 44(3) of the Listing Regulations

Scrutinizer report pursuant to Section 108 & 109 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014

Results will be communicated to BSE Limited and published on the company's website

The meeting concluded without any speaker interventions, indicating smooth proceedings. The e-voting facility remained open for an additional 15 minutes after the meeting's conclusion to accommodate any remaining votes from attending members.

Suncity Synthetics Limited has issued a formal notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, announcing its Extra-Ordinary General Meeting scheduled for April 30, 2026, at 2:00 PM IST. The meeting will be conducted through Video Conferencing and Other Audio Visual Means in compliance with MCA and SEBI circulars.

EGM Procedural Framework

The company has engaged Central Depository Services (India) Limited to provide e-voting facilities and VC infrastructure for member participation. The EGM notice will be distributed electronically to members whose email addresses are registered with the company or depository participants, ensuring compliance with regulatory requirements.

EGM Parameter: Details Meeting Date: April 30, 2026 Meeting Time: 2:00 PM (IST) Mode: VC/OAVM Cut-off Date: April 23, 2026 E-voting Period: April 27-29, 2026 E-voting Platform: CDSL

Preferential Share Issue Resolution

The primary agenda involves approval of a preferential issue of up to 30,00,000 equity shares at Rs. 10.00 per share, aggregating to Rs. 3,00,00,000. The issue comprises allocations to one promoter and eleven non-promoter investors, with promoter Sumita Mishra receiving the largest allocation of 15,14,000 shares worth Rs. 1,51,40,000.

Category: Number of Allottees Share Allocation Investment Amount Promoter: 1 15,14,000 Rs. 1,51,40,000 Non-Promoter: 11 14,86,000 Rs. 1,48,60,000 Total: 12 30,00,000 Rs. 3,00,00,000

Fund Utilization and Capital Structure

The proceeds will be allocated towards working capital requirements of Rs. 2,00,00,000 and general corporate purposes totaling Rs. 1,00,00,000. General corporate purposes include rental deposits and hardware purchases (Rs. 20,00,000), marketing expenses (Rs. 25,00,000), business development (Rs. 15,00,000), and salary-related expenses (Rs. 40,00,000).

Utilization Purpose: Amount (Rs.) Timeline Working Capital: 2,00,00,000 By March 31, 2027 General Corporate: 1,00,00,000 By March 31, 2027 Total: 3,00,00,000 By March 31, 2027

Post-Allotment Shareholding Structure

Following the preferential allotment, the company's paid-up share capital will increase from the current reduced capital of Rs. 9,89,160 (98,916 equity shares) to Rs. 3,09,89,160 comprising 30,98,916 equity shares. Promoter shareholding will increase from 45.46% to 50.31%, while public shareholding will decrease from 54.54% to 49.69%.

E-Voting and Member Participation

Members holding shares as on the cut-off date of April 23, 2026, will be entitled to participate in remote e-voting and EGM voting. The remote e-voting period commences on April 27, 2026, at 9:00 AM and concludes on April 29, 2026, at 5:00 PM. The company has provided detailed login procedures for shareholders holding securities in demat mode with CDSL and NSDL, along with helpdesk contact information for technical assistance.

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