SRIVARU Holding Ltd Shareholders Approve All Proposals
Ticker: SVUWF · Form: 6-K · Filed: Jul 2, 2024 · CIK: 1973368
| Field | Detail |
|---|---|
| Company | Srivaru Holding Ltd (SVUWF) |
| Form Type | 6-K |
| Filed Date | Jul 2, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $1,000,000, $0.01, $0.15, $75,000,000, $10,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance, filing-update
TL;DR
SRIVARU Holding Ltd shareholders voted YES on all 8 proposals at the June 27th meeting.
AI Summary
SRIVARU Holding Limited held an Extraordinary General Meeting of Shareholders on June 27, 2024, where all eight proposals presented to the shareholders were approved. The company is incorporated in the Cayman Islands and its fiscal year ends on March 31.
Why It Matters
Shareholder approval of all proposals at the Extraordinary General Meeting indicates alignment between management and investors on the company's strategic direction.
Risk Assessment
Risk Level: low — This filing is a routine report of shareholder meeting results with no new financial or operational information that would typically increase risk.
Key Numbers
- 8 — Proposals Approved (All proposals presented at the Extraordinary General Meeting were adopted by shareholders.)
Key Players & Entities
- SRIVARU Holding Ltd (company) — Filer of the 6-K report and subject of the shareholder meeting.
- June 27, 2024 (date) — Date of the Extraordinary General Meeting of Shareholders.
- Cayman Islands (location) — Jurisdiction of incorporation for SRIVARU Holding Limited.
FAQ
What was the purpose of the Extraordinary General Meeting of Shareholders for SRIVARU Holding Limited?
The purpose was for shareholders to consider and adopt resolutions on eight proposals presented by the company.
When did the Extraordinary General Meeting of Shareholders take place?
The meeting was convened on June 27, 2024.
What was the outcome of the votes at the Extraordinary General Meeting?
Shareholders adopted resolutions approving all eight proposals considered at the meeting.
Where is SRIVARU Holding Limited incorporated?
SRIVARU Holding Limited is an exempted company incorporated with limited liability under the laws of the Cayman Islands.
What is the fiscal year end for SRIVARU Holding Limited?
The company's fiscal year ends on March 31.
Filing Stats: 1,851 words · 7 min read · ~6 pages · Grade level 12.5 · Accepted 2024-07-02 16:01:19
Key Financial Figures
- $1,000,000 — he precise RS Ratio, be altered from US$1,000,000 divided into 100,000,000 ordinary share
- $0.01 — 000 ordinary shares of a par value of US$0.01 each to US$1,000,000 divided into as lo
- $0.15 — n RS Ratio of 1:15) of a par value of US$0.15 each with effect from the Effective Tim
- $75,000,000 — 5) of par value US$0.15 each to up to US$75,000,000 divided into 500,000,000 ordinary share
- $10,000,000 — s with a par value of US$0.01 each to US$10,000,000, divided into 1,000,000,000 ordinary sh
- $25,000,000 — dquo;) with investors to purchase up to $25,000,000 of the Company’s ordinary shares
Filing Documents
- form6-k.htm (6-K) — 70KB
- 0001493152-24-025994.txt ( ) — 71KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SRIVARU Holding Limited Date: July 2, 2024 By: /s/ Mohanraj Ramasamy Mohanraj Ramasamy Chief Executive Officer and Director