Intimation Under Regulation 30 and 47 of SEBI (LODR) REG. 2015- Newspaper Advertisement for the Corrigendum To The Notice Of Extra Ordinary General Meeting.
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Chandni Machines Ltd has issued a corrigendum to its EOGM notice originally dated November 5, 2025, with the meeting set for November 27, 2025 at 3:00 p.m. via video conferencing. Three key amendments have been made: (1) A valuation report from registered valuer Mrs. Sayali Deshkar (IBBI Registration No. IBBI/RV/07/2019/12246) has been obtained for any allotment exceeding 5% of post-issue fully diluted share capital, in line with SEBI ICDR Regulations; (2) The company clarified that while it intends to pursue inorganic growth and strategic acquisitions, no specific targets or locations have been finalized yet; (3) The company clarified plans to invest in land, buildings, warehouses and showrooms in Maharashtra, Gujarat, and Daman and Diu, but specific sites are yet to be identified. The corrigendum was published in Free Press Journal and Navshokti newspapers.
This is a procedural clarification ahead of the EOGM and signals that the company is likely seeking shareholder approval for a preferential allotment exceeding 5% and for future capital deployment toward physical assets and acquisitions. Shareholders should review the amended items carefully before voting, as they relate to potential equity dilution and expansion plans.