Re-appointment of Mr. Gajraj Jain as a Chairman cum managing Director of the Company for a period of three years w.e.f 17th April 2026.
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At the 40th AGM held on September 10, 2025, shareholders of Chandra Prabhu International Ltd approved four key items. Mr. Gajraj Jain (DIN 00049199), aged 71 with 38+ years of experience, was re-appointed as Chairman cum Managing Director for a 3-year term effective April 17, 2026; he is the husband of promoter and Woman Director Mrs. Hemlata Jain. A bonus issue in the ratio of 1:2 was approved (1 bonus equity share of Rs. 2 for every 2 held). The authorized share capital was increased to Rs. 6 crore divided into 3 crore equity shares of Rs. 2 each. Additionally, Mr. Baladeva Chitranjan (Practicing Company Secretary, FCS 6045) was appointed as Secretarial Auditor for 5 consecutive years (FY 2025-26 to FY 2029-30).
The bonus issue rewards existing shareholders and reflects management's confidence in the business, while re-appointment of the promoter-family CMD signals leadership continuity. The higher authorized capital gives flexibility for future fund-raising. Overall positive sentiment for retail investors, though promoter-family concentration on the board remains.