Chandni Machines Ltd

Chandni Machines Ltd announced the resignation of Mr. Rameshchand Garg (DIN: 03346742) from the position of Non-Executive Independent Director. His resignation is effective from the close of business hours on September 21, 2026. Mr. Garg cited additional time commitments as the reason for his resignation, stating that these commitments prevent him from devoting sufficient time and attention to his responsibilities. He confirmed that there are no other material reasons for his departure. The company also noted that Mr. Garg did not hold directorship in any other listed entity as of his resignation date.

Chandni Machines Ltd has dispatched letters to shareholders whose email IDs are not registered, providing a web link to access the Annual Report for FY 2025-26. This action complies with SEBI Listing Regulations. The company also reminded shareholders about updating KYC details and dematerializing physical securities as per SEBI's master circular. The 10th Annual General Meeting is scheduled for September 30, 2026, via Video Conferencing. Shareholders are encouraged to register their email addresses for online services and to support the green initiative.

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.

Chandni Machines Ltd has filed its Annual Report for the Financial Year 2025-2026, in compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report includes the Notice of the 10th Annual General Meeting, Director's Report, Management Discussion and Analysis, Independent Auditor's Report, and financial statements (Balance Sheet, Profit and Loss, Cash Flow). Key personnel and committees, including the Board of Directors, Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, are detailed as of March 31, 2026. The report also lists the Chief Financial Officer, Company Secretary, Statutory Auditors, Secretarial Auditors, Registrar & Share Transfer Agent, and Banks.

Chandni Machines Ltd has issued a notice for its 10th Annual General Meeting (AGM) scheduled for September 30, 2026. The AGM will be conducted via Video Conferencing (VC) or other Audio-Visual Means (OAVM) at 03:00 PM. Key agenda items include the adoption of the Audited Standalone Financial Statements for FY 2025-26, the re-appointment of Mrs. Amita Jayesh Mehta as a director retiring by rotation, and the appointment of Mr. Kishor Babubhai Vaidya as an Independent Director. Additionally, the re-appointment of Mr. Richie Hiralal Amin as an Independent Director for a second term will be considered. The company also seeks approval for loans, inter-corporate deposits, and guarantees.

Chandni Machines Ltd's Board of Directors met on September 8, 2026, approving a 1:10 stock split of existing equity shares, subject to shareholder approval. The face value will change from ₹10 to ₹1 per share to enhance market liquidity and broaden the shareholder base. The company also approved the alteration of its Memorandum of Association to reflect this change. Additionally, the board appointed Mr. Kishor Babubhai Vaidya as an Additional Independent Director and re-appointed Richie Hiralal Amin as an Independent Director for a second five-year term. The board also approved the appointment of a Company Secretary in Practice as Secretarial Auditor for FY 2026-27 to 2030-31 and authorized the company to provide loans, inter-corporate deposits, and guarantees exceeding prescribed limits under Section 186 of the Companies Act, 2013.

Chandni Machines Ltd has announced that its Board of Directors will convene on September 8, 2026, to discuss and potentially approve a sub-division or split of the company's existing equity shares. The face value of each share is currently ₹10. Any such split would be subject to shareholder approval and other necessary regulatory clearances. This move could potentially increase the liquidity and affordability of the company's stock.

Chandni Machines Limited has announced the commencement of its new Aluminium Ingot manufacturing project at Kuvada GIDC, Rajkot. The company has leased a 22,000 sq. ft. facility and placed orders for machinery worth ₹150 lakh. Trial production is expected by September 20, 2026, with commercial production starting October 1, 2026, subject to approvals. The facility aims for a capacity of 300 tonnes per month, potentially generating ₹9.45 crore in monthly revenue and ₹50 lakh in net profit. The company also plans a two-fold capacity expansion by March 2027.

Chandni Machines Ltd has officially changed its Corporate Identification Number (CIN) from L74999MH2016PLC279940 to L24202MH2016PLC279940. This alteration is a direct consequence of a change in the company's Main Objects Clause within its Memorandum of Association (MOA). The change was approved by the company's members via a special resolution passed on July 23, 2026. The company has provided updated master data reflecting this change. The filing is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Chandni Machines Limited's Board of Directors convened on August 14, 2026, to approve the standalone unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The results will be published in newspapers. The board meeting, which commenced at 5:00 PM and concluded at 5:35 PM, also involved the review of the Limited Review Report for the same period. The company confirmed that the financial statements were prepared in accordance with Indian Accounting Standard 34 and other generally accepted accounting principles. The auditor's report stated no material misstatements were found.