EGM held; resolutions on preferential share issue, capital & director changes
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Classic Filaments Ltd held its 1st EGM of FY26-27 on June 15, 2026 via video conferencing; 25 members attended. 12 special business items were taken up, including appointment of Vikkas Bansal as Chairman & MD, regularization of 4 directors, increase in authorized share capital, adoption of new MOA and AOA, and approval for a preferential issue of equity shares. Other items covered alteration of the object clause, increase in borrowing limits, and a higher threshold for loans, guarantees and investments under Section 186. Voting results and scrutinizer's report to be filed separately.
Preferential share issue and higher borrowing limits may dilute existing shareholders but provide growth capital. Director restructuring reflects governance overhaul.