Sahana System Limited Approves Capital Restructuring and Board Appointments at Shareholder Meetings

Sahana System Limited Approves Capital Restructuring and Board Appointments at Shareholder Meetings​

Sahana System Limited's Board of Directors held a meeting on June 22, 2026, approving several major corporate decisions concerning its capital structure, listing migration, and key appointments to the management. The outcomes include increasing the Authorized Share Capital, approving a bonus issue, and appointing new directors.

The Board reviewed and approved an increase in the company's Authorized Share Capital from Rs. 10,00,00,000 (Rupees Ten Crores Only) divided into 1,00,00,000 Equity Shares of Rs. 10/- each to Rs. 24,95,00,000 (Rupees Twenty-Four Crores Ninety-Five Lakhs Only) divided into 2,49,50,000 Equity Shares of Rs. 10/- each. This alteration requires subsequent approval from the company's shareholders.

Furthermore, the Board approved the issuance of Bonus Shares in a ratio of 1:5. The bonus shares will be issued by capitalizing amounts standing in Securities Premium account and/or Retained Earnings as per the financial year ended March 31, 2026.

A detailed comparison of the share capital structure pre- and post-bonus issue is provided below:


The bonus issue is estimated to result in approximately 17,67,421 new Equity Shares being issued. The issuance will be funded by capitalizing amounts totaling 9808.19 Lakhs from the Securities Premium account and Retained Earnings.

Listing Migration and Board Appointments​

In corporate governance updates, the meeting considered several strategic movements related to the company's listing and board composition, all subject to members' approval.

The proposals include the migration of the company's equity shares trading from the National Stock Exchange (NSE) SME EMERGE Platform to the Main Board of NSE, as well as the Listing/Trading of equity shares to the Mainboard of BSE Limited.

The Board also finalized key appointments and regularizations:

Director Appointments:

• Mr. Dipak Kanaiyalal Patel: Was appointed (regularized) as a Whole-Time Director for a term of 5 consecutive years, effective from February 28, 2026, to February 27, 2031. Mr. Patel possesses expertise in corporate management, strategic planning, financial oversight, and compliance.
• Mrs. Bhavika Ankur Somani: Was appointed (regularized) as an Independent Director for a period of 5 consecutive years, effective from February 28, 2026, to February 27, 2031. Mrs. Somani's experience includes taxation, accounting, and regulatory advisory, committing to ethical practices and corporate governance.

Scrutinizer Appointment:

Ms. Vishakha Agrawal of M/s. Vishakha Agrawal & Associates in Indore was appointed as the Scrutinizer to oversee the remote e-voting process for these decisions.

The company will notify the record date for determining the eligibility of shareholders entitled to receive the Bonus Shares in due course.

SAHANA Stock Price Movement​

Shares of Sahana System Limited today slipped by 0.69% to settle at ₹946.5, continuing a trend of mild decline. The stock was traded on a volume of 11,000 shares during the session.