Chandni Machines Approves Equity Share Split and Director Appointments

Chandni Machines Limited's Board of Directors has approved a sub-division of its equity shares, splitting each share of face value ₹10 into ten shares of face value ₹1. This move aims to enhance market liquidity and broaden the shareholder base. The company also approved the appointment of Mr. Kishor Babubhai Vaidya as an Additional Independent Director and the re-appointment of Ms. Richie Hiralal Amin as an Independent Director for a second term. Additionally, M/s. N.L. Bhatia & Associates were re-appointed as Secretarial Auditors for FY 2026-27 to 2030-31. These changes are subject to shareholder approval. The board meeting also covered approvals for loans, inter-corporate deposits, and guarantees exceeding Section 186 limits.