The remote e-Voting and e-Voting process concluded on the Monday, 9th March, 2026, at 12:30 P.M. (IST), post which the Scrutinizer appointed, Ms. Ritika Wasson , Practicing Company Secretary, ....
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Manbro Industries Ltd held an Extra-Ordinary General Meeting (EGM) on 9th March 2026 through video conferencing, where shareholders approved three key resolutions with overwhelming 99.998% majority. Resolution 1 (Special): Change the company's name to 'KD Green Industries Limited' pending central government approval. Resolution 2 (Ordinary): Sub-divide (stock split) every 1 equity share of face value ₹10 into 10 equity shares of face value ₹1 each. Resolution 3 (Ordinary): Alter the Capital Clause of the Memorandum of Association to reflect the stock split. Out of 22,160 total shareholders, only 4 promoter group members and 62 public members attended via VC. Promoters holding 42,00,000 shares voted 100% in favor, while public non-institutions polled 1,00,229 shares with 99.928% in favor.
Shareholders will see their share count multiply 10x (post stock split) while the price per share should adjust proportionally, keeping overall value intact. The rebranding to 'KD Green Industries Limited' signals a strategic pivot likely toward green/clean energy business, which could attract new investor interest but remains subject to central government approval before being effective.