Proceedings of the Extra-Ordinary General Meeting held on 25th February 2026.
MCCHRLS-B · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mac Charles (India) Ltd held an NCLT-convened General Meeting on February 25, 2026, via video conferencing, attended by 35 members. The sole item of special business was the approval of a Scheme of Arrangement between Mac Charles (India) Limited as the Demerged Company and Embassy Prism Ventures Limited as the Resulting Company, under Sections 230 to 232 of the Companies Act, 2013. Remote e-voting was open from February 21 to February 24, 2026, and the results will be announced to stock exchanges within two working days. The meeting lasted just 15 minutes, from 11:00 AM to 11:15 AM. This is a court-ordered meeting required as part of the legal process for the proposed demerger.
Shareholders' approval (or otherwise) of the demerger scheme will determine the future corporate structure of the company. The actual voting outcome is pending and will be disclosed within two working days, which is what investors should watch for next.