Board Meeting24 Jun 2026, 06:40 pm
Chandni Machines Ltd Board Approves MOA Alteration, EGM Notice
AI Summary
Chandni Machines Limited's Board of Directors met on June 24, 2026, and approved a further alteration to the Object Clause of its Memorandum of Association (MOA). This expansion includes new sub-clauses to undertake businesses beneficial for the company's advancement, specifically mentioning aluminum, zinc, metal ingots, aerospace components, and marine/shipbuilding activities. The Board also approved a revised notice for an Extra-Ordinary General Meeting (EGM) scheduled for July 23, 2026, to seek shareholder approval for these MOA amendments. The EGM will be held via Video Conference.
Key Highlights
- Board approved further alteration of Memorandum of Association (MOA) Object Clause.
- Expansion includes new business areas like aerospace and marine engineering.
- Revised notice for EGM approved to seek shareholder consent for MOA changes.
- EGM scheduled for July 23, 2026, via Video Conference.
- Previous board meeting on June 18, 2026, had also approved MOA alterations.
Price Impact
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