Voting results of the 09th Annual General Meeting of the Company, held on September 29, 2025.
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Chandni Machines Limited held its 9th Annual General Meeting on September 29, 2025, via video conferencing from 3:00 PM to 3:15 PM. All 7 resolutions were passed with 100% votes in favour and zero votes against. The resolutions included adoption of 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 FY2025-26, and approvals under Sections 185 and 186 of the Companies Act (relating to loans, guarantees, and investments). A Material Related Party Transaction was also approved. Out of 32,27,433 outstanding shares, 14,54,792 shares (45.08%) were polled, of which promoters voted 13,91,219 shares (94.28% of their holding) and public non-institutional shareholders voted 63,573 shares (3.63% of their holding). The record date was September 22, 2025, with 4,749 total shareholders on record.
Unanimous passage of all resolutions indicates no shareholder dissent and grants the board broad authority for loans, guarantees, and related-party dealings. Retail investors should note the low public participation (only 3.63% of public non-institutional shares voted) and the approvals covering related-party transactions and inter-corporate lending, which could lead to increased financial activity between the company and its directors/related entities.