Announced Sat, 26 Jul · 16:42 IST

Outcome and Summary of the Extra Ordinary General Meeting of the Company.

Stock SplitBoard & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Chandrima Mercantiles Limited held an Extra Ordinary General Meeting (EGM) on 26th July 2025 via Video Conferencing, running from 3:10 PM to 3:16 PM. Five resolutions were put to vote: appointment of Mr. Dinesh Hareshbhai Gohel as Managing Director, change in designation of Mr. Pranav Trivedi from Executive Director to Non-Executive Non-Independent Director & Chairman, adoption of a new Memorandum of Association, approval of sub-division (split) of equity shares, and alteration in the Capital Clause (Clause V) of the MOA. The Chairperson confirmed quorum was present and remote e-voting was conducted for members who had not voted earlier. Consolidated e-voting results are to be announced within 2 working days. The short 6-minute duration and use of e-voting indicate routine procedural approval with results still pending declaration.

Likely market impact

Shareholders should watch for the e-voting results expected within 2 working days, as passing of the stock split and MOA amendments would directly affect share price, capital structure, and trading lot size. The board reshuffle (new MD and Chairman) signals a management transition worth monitoring for governance direction.