Notice of 9th Annual General Meeting ("AGM") and Annual Report for the financial year 2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chandni Machines Limited has filed the notice for its 9th Annual General Meeting to be held on Monday, September 29, 2025 at 3:00 PM via video conferencing, along with the Annual Report for FY 2024-25. The agenda includes adoption of audited financial statements, re-appointment of Executive Director Mrs. Amita Jayesh Mehta (retiring by rotation), and appointment of Mr. Rishabh Singhavi as an Independent Director for a 5-year term starting September 2, 2025. Shareholders will also vote on appointing M/s. N.L. Bhatia & Associates as Secretarial Auditor for FY 2025-26, approving loans and guarantees up to Rs. 12 Crores under Sections 185 and 186, and approving material related party transactions with Candour Techtex Limited up to Rs. 40 Crores for FY 2025-26. E-voting will be open from September 26 to September 28, 2025, with the cut-off date set as September 22, 2025.
The resolutions are largely procedural and governance-related, but the Rs. 40 Crore related party transaction limit with Candour Techtex Limited and the expanded Rs. 12 Crore lending authority under Sections 185/186 are noteworthy as they expand the board's financial flexibility. The appointment of a new Independent Director adds IT distribution expertise to the board.