Shashank Traders Ltd

Dematerialisation processing

• Dematerialisation requests processed and confirmed to depositories within 15 days of receipt.

Certificate cancellation and owner update

• Physical certificates for dematerialisation mutilated and cancelled after verification; depository registered owner updated within 15 days.

Record and exchange updates

• Register of Members updated; updates communicated to depositories and stock exchanges within 15 days.

Listing confirmation

• Dematerialised securities listed on all relevant stock exchanges; exchanges updated accordingly.

EGM Details

• Date/Time: July 30, 2026, 3:00 PM IST, via VC/OAVM.
• E-voting: July 27–29, 2026; cut-off July 23, 2026.
• Notice available on www.shashankinfo.in.

Resolutions & Key Terms

• Ordinary; appoint Aditya Vikram Birla as Non-Executive Director (Additional) effective May 8, 2026.
• Ordinary; appoint Suranjana Birla as Non-Executive Non-Independent Women Director.
• Ordinary; increase authorized capital to Rs 50 Cr; issue 4.65 Cr new shares; MOA amended.
• Special; change name to Cosmic Energy & Motors Limited; MOA name clause.
• Special; adopt new MOA per Table-A of Schedule I.
• Special; alter MOA main object to EV, batteries, charging, software and related services.
• Special; adopt new Articles of Association in substitution of existing.
• Special; borrow up to Rs 500 Cr; borrowing powers enhanced.
• Special; create charges on assets to secure borrowings up to Rs 500 Cr.
• Special; investments/loans/guarantees beyond 186 limits up to Rs 500 Cr.
• Special; appoint Aditya Vikram Birla as Chairman for all Board meetings.
• Special; regularise Anil Kumar Singh as Whole-Time Director for five years; Rs 25k/mo.
• Special; regularise Amit Singhania as Non-Executive Independent Director for five years.
• Special; regularise Pramod Kumar Shah as Independent Director for five years.

Promoter/Director Interest

• Item 1: Suranjana Birla related; promoter interest noted.
• Item 2: Aditya Vikram Birla has interest.
• Item 12: Anil Kumar Singh is interested.
• Items 3–14: no promoter/related party interest disclosed.

Key resolutions

• Increase in Authorized Share Capital to Rs 50 Cr; MOA changes pending EGM.
• Name change to Cosmic Energy & Motors Limited subject to members’ and Central Government approvals.
• Alter MOA per Table-A; Alter Object Clause; adopt new AOA per Table-F.
• Appointment of Registered Valuer (ValuGenius Advisors LLP) for three entities; determine fair exchange ratio.
• Merchant Banker appointment (Narnolia Financial Services) for fairness opinion and regulatory compliance advice.
• Create charges up to Rs 500 Cr; borrowings and investments up to Rs 500 Cr.
• Appointment of Statutory Auditor to fill casual vacancy; effective July 6, 2026.
• Shift of Registered Office from New Delhi to Connaught Place; effective July 15, 2026.
• EOGM convened for July 30, 2026; approvals for above matters; remote e-voting facilitated; VC/OAVM.
• Scrutinizer appointed; MAS Services R&T agent; NSDL e-voting agency; notice hosted online.