22nd AGM held: stock split, dividend, borrowing limit hike to Rs 2000 Cr proposed

Board & Shareholder Meetings View source PDF

KRISHANA · price

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▲ 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

+6.4%1-day move

₹681.15

prior close

₹720.15

base price

In-mkt

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+0.3+0.5+0.5+0.5+6.4+0.3+1.3+2.3+4.6—————

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AI summary

22nd AGM held on June 24, 2026 via video conference. 14 resolutions put to vote, including stock split (1 share of Rs 10 into 5 shares of Rs 2), dividend for FY26, re-appointment of director Mahendra Kumar Ostwal, increase in borrowing power to Rs 2000 Crore, loans limit of Rs 300 Crore to interested parties, and material related party transactions with Ostwal Phoschem, Madhya Bharat Agro Products and Shri Ganpati Fertilizers. Auditors report had no qualifications. Voting results within 2 working days.

Likely market impact

Stock split and dividend are positive for shareholders. Higher borrowing limits and fund raising suggest expansion plans. Related party deals need watching.