Announced Wed, 16 Sept, 2026 · 22:26 IST
AGM 2026: All 12 resolutions passed, preferential issue approved
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹61.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.7-7.5-2.9+1.9-1.2-4.6————
Up moveDown movePending
AI summary
Jay Kailash Namkeen's 5th AGM held September 12, 2026 in Rajkot. All 12 resolutions passed with 100 percent votes in favor. 18.13 lakh shares polled (36.28 percent of 49.97 lakh total). Key outcomes include FY26 financials adopted, MD Neel Pujara re-appointed, MRB and Associates named statutory auditors for 5 years, 3 directors and 4 independent directors appointed, plus a preferential issue of 33.74 lakh shares at Rs 45.19 each (Rs 15.24 crores) on cashless basis approved.
Likely market impact
Preferential issue of 33.74 lakh shares could dilute existing holdings by about 67 percent. Board and auditor changes now effective.