Sahana System Limited Shareholders Approve Bonus Issue, Capital Increase and Director Appointments

Sahana System Limited Shareholders Approve Bonus Issue, Capital Increase and Director Appointments​

Sahana System Limited announced that its shareholders passed several key resolutions during a postal ballot conducted via remote e-voting on July 23, 2026. The approved items included an increase in authorized share capital, approval for the issuance of bonus shares, and critical changes related to the company's stock listing migration and board appointments.

The shareholder meeting confirmed that the resolutions were duly passed, covering major structural adjustments and operational milestones for the company.

Key resolutions passed by shareholders include:

• Capital Structure: An Ordinary Resolution approving the increase in Authorized Share Capital and consequential amendment to the Memorandum of Association of the company.
• Bonus Shares: An Ordinary Resolution granting approval for the Issuance of Bonus Shares.
• Stock Migration: Two Special Resolutions were passed concerning the migration of equity shares listing and trading from the NSE Emerge Platform of the National Stock Exchange into its Main Board, as well as simultaneous migration to the Main Board of BSE Limited.

Details of Proposed Bonus Issue​

The approval for bonus shares provided specific details regarding the proposed issuance, which is set at a 1:5 ratio. The company plans to issue approximately 17,67,421 new Equity Shares of Rs. 10/- each.

Financial requirements for the bonus issue were confirmed through audited financial statements for the year ended March 31, 2026. Key figures related to capital and reserves are detailed below:


The bonus equity shares are planned to be credited within two months from the date of Board approval, with an estimated dispatch date set on or before August 21, 2026, subject to necessary approvals.

Appointments and Governance Updates​

The shareholder resolutions also approved significant appointments to the company's board, strengthening its governance structure over a five-year term. The appointed individuals include:

• Mr. Dipak Kanaiyalal Patel: Appointed as Whole Time Director, effective from February 28, 2026, until February 27, 2031. Mr. Patel was profiled as an experienced business professional with expertise in corporate management, strategic planning, and finance. He is not related to any existing director of the company.
• Mrs. Bhavika Ankur Somani: Appointed as an Independent Director, also for a term starting February 28, 2026, and ending February 27, 2031. Mrs. Somani brings experience in taxation, accounting, regulatory advisory, and corporate governance. She is neither related to any existing director of the company.

The board appointments were made effective from February 28, 2026.

SAHANA Stock Price Movement​

Sahana System Limited shares closed higher on Thursday after gaining 0.13%, settling at ₹892.90. The equity traded a total of 8,750 shares during the session.