BSEChandni Machines LimitedMediumNeutral
Announced Thu, 23 Jul · 19:27 IST

EGM results: Two special resolutions passed unanimously

Board & Shareholder Meetings 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 14 horizons · vs prior close
+2.7%1-day move
₹102.00
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₹103.50
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+2.7
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AI summary

At the EGM held on 23 July 2026 via video conferencing, Chandni Machines Limited got shareholder approval for two special resolutions. First, alteration of the object clause of the Memorandum of Association to expand permitted business activities. Second, variation in the objects of a prior preferential allotment and reallocation of unutilized issue proceeds. 32 shareholders voted on 16,26,464 shares, with 100 percent in favor of both resolutions. Record date total was 4,291 shareholders.

Likely market impact

Both resolutions passed with full approval. MOA change widens business scope, and reallocation signals a shift in deployment of past preferential issue funds.