BSECANDOUR TECHTEX LIMITEDMediumNeutral
Announced Thu, 23 Jul · 15:00 IST

Candour Techtex EGM: Both Special Resolutions Passed

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹80.00
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AI summary

Candour Techtex held an EGM on July 22, 2026 via video conferencing. Both special resolutions were approved by shareholders. Resolution 1 (Alteration of Object Clause of MOA) passed with 86.58 percent in favor and 13.42 percent against. Resolution 2 (Variation in Objects of Preferential Allotment and Reallocation of Unutilized Proceeds) also passed with 86.58 percent in favor. About 23.97 percent of outstanding shares were polled. Promoter group was not interested in either resolution.

Likely market impact

Company can now alter its objects clause and vary terms of its preferential allotment, giving it flexibility to expand business scope and reallocate unutilized funds.