EGM held on 2 July 2026; two special resolutions on loans and investments

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close

-2.8%1-day move

₹18.00

prior close

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base price

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AI summary

Containerway International (now renamed Indus Aluminium Recyclers) held its EGM on 2 July 2026 via video conferencing, lasting about 15 minutes. Two special resolutions were tabled: one to raise limits for investments, loans, and guarantees, and another to approve transactions under Section 185 of the Companies Act 2013. E-voting ran from 29 June to 1 July. 24 members attended along with four directors. Results will be announced by 4 July 2026.

Likely market impact

Voting results due by 4 July; expanded borrowing and investment powers subject to shareholder approval.