AGM/EGM19 Oct 2026, 12:56 pm
Choksi Labs: Shareholders Reject Preferential Issue of Warrants
AI Summary
Choksi Laboratories Ltd announced that its shareholders have not approved the proposed preferential issue of convertible warrants at the Extra-Ordinary General Meeting (EGM) held on October 17, 2026. Consequently, the company will not proceed with the preferential issue. Both the Promoters and proposed allottees abstained from voting on the resolution. The company has requested the BSE to close its application for in-principle approval related to this preferential issue.
Key Highlights
- Shareholders rejected the proposed preferential issue of convertible warrants.
- The company will not proceed with the preferential issue.
- Promoters and proposed allottees abstained from voting.
- Application for BSE in-principle approval to be closed.
Price Impact
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