Pressure Sensitive Systems (India) Limited, a Gujarat-based manufacturer specializing in pressure-sensitive adhesive products, has announced the results of its Extraordinary General Meeting (EGM) held on March 24, 2025. The company secured shareholder approval for increasing authorized share capital and appointing new directors.
Pressure Sensitive Systems (India) Limited, a Gujarat-based manufacturer specializing in pressure-sensitive adhesive products, held its Extraordinary General Meeting (EGM) on March 24, 2025, at its registered office in Ahmedabad. The company secured approval for multiple resolutions, including the increase of authorized share capital and the regularization of new directors.
As per Regulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the voting results to the Bombay Stock Exchange (BSE). The EGM facilitated remote e-voting via the National Securities Depository Limited (NSDL) from March 21 to March 23, 2025, with an additional venue voting option for shareholders attending the meeting in person.
Key Resolutions Passed:
- Increase in Authorized Share Capital – Approved with 76.74% votes in favor.
- Appointment of Mr. Manishkumar Purshottambhai Solanki as Non-Executive Director – Approved with 77.27% votes in favor.
- Appointment of Mr. Saurabh as Non-Executive Independent Director – Approved with 77.27% votes in favor.
- Appointment of Ms. Reema Magotra as Non-Executive Independent Director – Approved with 77.27% votes in favor.
The scrutinizer’s report, prepared by Bhumika Ranpura & Associates, confirmed the resolutions were passed with the requisite majority. The company’s management emphasized that these decisions will support its strategic growth plans.
For further details, refer to the official filing on the BSE website.
