At a Glance
C2C Advanced Systems Limited just wrapped up its Extra Ordinary General Meeting (EGM) held on 25th July 2025, and guess what?
Every resolution walked away with a perfect scorecard – 100% approval on votes polled.
- Authorized Capital: Upgraded from ₹17 Cr to ₹25 Cr
- Equity Shares: Preferential allotment approved
- Equity Warrants: Preferential issue cleared
Intro – What Went Down at the EGM
Imagine a cricket match where every ball hits the boundary – that’s how C2C’s voting results looked. With nearly 48% of shareholding voting (and all in favor), the EGM was less about drama and more about rubber-stamping growth plans.
Deep Dive – What’s the Deal?
1. Authorized Capital Jump:
- From ₹17 Cr → ₹25 Cr
- Sets the stage for future capital raises.
2. Preferential Issue of Equity Shares:
- Shares to be issued to identified investors.
- Fresh funds = fuel for expansion.
3. Preferential Issue of Equity Warrants:
- Warrants convertible into equity at a later date.
- Investor confidence is clear here.
Strategic Impact – Why This Matters
- Balance Sheet Muscles Up: More headroom to raise equity.
- Fundraising Power: Warrants & shares provide flexible funding tools.
- Investor Confidence: Unanimous vote is a strong market signal.
Voting Snapshot
Resolution | Votes in Favour | Against | % in Favour |
---|---|---|---|
Authorized Capital Increase | 79,58,186 | 0 | 100% |
Preferential Equity Shares | 79,58,186 | 0 | 100% |
Preferential Equity Warrants | 79,58,186 | 0 | 100% |
Risks & Watchpoints
- Dilution Alert: Preferential issues will dilute existing shareholding.
- Execution Needed: Raising funds is easy; deploying them well is the real test.
Edu Take™
C2C just unlocked a bigger wallet, new investors, and a roadmap to scale.
The unanimous votes show that shareholders are all-in on the company’s growth story.
Final Word:
A textbook EGM – clean, fast, and growth-focused. Watch out for upcoming allotments and capital deployment strategy.
Written by EduInvesting Team | 28 July 2025
Tags: C2C Advanced Systems, EGM, Capital Increase, Preferential Issue, Edu Style Article, SEBI Regulation 30