Proceedings Of The Extra Ordinary General Meeting Held On 27/11/2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Chandni Machines Limited held its Extra Ordinary General Meeting on November 27, 2025 at 3:00 PM via Video Conferencing, chaired by Managing Director Mr. Jayesh R Mehta. Three key business items were transacted: (1) an increase in the Authorised Share Capital from Rs. 3.25 crore (32.5 lakh equity shares) to Rs. 11.5 crore (1.15 crore equity shares) as an Ordinary Resolution, (2) approval for issuance of 41,84,000 equity shares aggregating to Rs. 21.96 crore via preferential allotment as a Special Resolution, and (3) approval for issuance of up to 40,00,000 convertible warrants (Rs. 10 each) worth Rs. 21 crore via preferential allotment as a Special Resolution. Remote e-voting was conducted between November 24-26, 2025, with M/s. S P K G & Co. LLP appointed as Scrutinizer. The meeting concluded at 3:30 PM, and the detailed voting results along with the Scrutinizer's report will be filed separately with the stock exchanges.
Existing shareholders should expect equity dilution from the proposed preferential allotment of ~41.84 lakh shares and up to 40 lakh convertible warrants. The significant 3.5x expansion in authorised share capital signals the company's intent to raise capital, potentially to fund growth, expansion, or reduce debt. Investors should await the voting results and scrutinizer's report to confirm final approval details.