15th AGM concluded; borrowing limit hike to Rs 400 Cr approved
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.8 pts less than Nifty Microcap 250 and 5.9 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Karbonsteel Engineering held its 15th AGM on Sep 23, 2026 via video call. Five resolutions passed, including adoption of FY26 audited accounts, re-appointment of Shrenik Kirit Shah as Managing Director, and approval to raise borrowing limits to Rs 400 Crores. Two special resolutions cleared pledging assets as lender security. Auditors' report had no qualifications; minor secretarial audit observations noted, to be addressed.
Management approved raising debt ceiling to Rs 400 Cr and pledging assets, hinting at expansion plans. No adverse audit findings.