Report of Scrutinizer on Voting of the 09th Annual General Meeting of the Company.
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Chandni Machines Limited held its 9th Annual General Meeting on September 29, 2025, via video conferencing, lasting just 15 minutes (3:00 PM to 3:15 PM). All 7 resolutions on the agenda were passed with near-unanimous shareholder support: 14,54,792 votes were polled (45.08% of total outstanding shares of 32,27,433), and on every resolution over 99.99% of votes cast were in favour. Key items approved include adoption of the audited standalone financial statements for FY ended March 31, 2025, re-appointment of Mrs. Amita Jayesh Mehta (retiring by rotation), appointment of Mr. Rishabh Singhavi as Independent Director, appointment of a Secretarial Auditor for FY 2025-26, and expanded authority for loans, guarantees, and investments beyond Section 186 limits. Resolution 7 approving material related party transactions was also passed, with promoter group declared as interested. The company had 4,749 shareholders on the record date of September 22, 2025.
This is a routine, smooth AGM outcome with no failed resolutions or shareholder dissent — neutral to mildly positive for governance optics. Investors should note the passing of broad borrowing/lending authorisations (Resolutions 5 and 6) and the material related party transaction (Resolution 7), which give management significant financial flexibility but warrant monitoring by minority shareholders.