BSEChandni Machines LtdHighNeutral
Announced Mon, 24 Nov · 20:36 IST

Corrigendum to the EGM notice dated 05th November, 2025.

Fund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Chandni Machines has issued a corrigendum to its EGM notice dated 5 November 2025, following remarks received from BSE on 18 November 2025. The original EGM (scheduled for 27 November 2025) seeks shareholder approval to increase authorised share capital and to issue 41,84,000 equity shares along with 40,00,000 convertible warrants on a preferential basis. The corrigendum provides additional disclosures: a valuation report has been obtained from a registered valuer (Mrs. Sayali Deshkar) as required under SEBI ICDR Regulation 166A, the company clarified that no specific acquisition targets have been finalised yet, and that specific properties in Maharashtra, Gujarat, and Daman & Diu for investment have not yet been identified. All other terms of the original EGM notice remain unchanged.

Likely market impact

This is a procedural update adding clarifications to an already-announced preferential fundraising plan; no new dilution or pricing terms are introduced. Shareholders should watch the EGM on 27 November 2025 and any further announcements identifying use-of-proceeds targets, as these will determine the actual dilution and strategic direction.