Proceeding to EGM of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ace Men Engg Works Ltd held an Extra-Ordinary General Meeting (EGM) on 12th September 2025 at 3:00 PM via video conferencing, chaired by Managing Director Mr. Ruchir Bhajreshbhai Patel. Six special business items were transacted, including increasing the authorised share capital, approving loans/investments and guarantees under Section 186 of the Companies Act, enhancing borrowing powers under Section 180(1)(c), approving related party transactions, and issuing equity shares on a preferential basis through a share swap. Shareholders also considered the regularisation of Ms. Dakshaben Sanjaykumar Prajapati as a Non-Executive Director. Four shareholders participated in the discussion and necessary clarifications were provided by the management. The meeting concluded at 3:27 PM and a Scrutinizer, Mr. Pratik Bangade, was appointed to submit a consolidated voting report within 48 hours.
Pending voting results will be key — especially on the preferential share swap (dilution risk) and related party transaction approvals. Investors should track the scrutinizer's report, expected within 48 hours, for final outcomes that may influence shareholding structure and stock price.