Disclosure Of The Voting Results Of The Extra Ordinary General Meeting Held On 27 November, 2025.
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Awaiting price reaction for this filing.
Chandni Machines Limited held an EGM on 27 November 2025 via video conferencing, where all three resolutions were passed with near-unanimous shareholder approval (around 100% votes in favor across each). The resolutions were: (1) an Ordinary Resolution to increase the company's Authorized Capital, (2) a Special Resolution for the issuance of Equity Shares to investors on a Preferential Basis, and (3) a Special Resolution for the issuance of Convertible Warrants to investors on a Preferential Basis. Out of 4,800 total shareholders on the record date, 33 attended through VC (2 promoter group, 31 public), and 14,31,263 shares were voted, representing 44.35% of total outstanding shares (32,27,433). The Scrutinizer, CA Ashutosh Somani of SPKG & Co LLP, certified the results as valid and passed.
The passing of these resolutions clears the way for the company to raise fresh capital through preferential equity and convertible warrants, which will dilute existing shareholders' holdings but bring in new investor funds. Watch for the next announcement with details on issue price, allottee names, and the number of shares/warrants being issued.