Classic Filaments Ltd

Classic Filaments Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice scheduled for June 15, 2026. The EGM will discuss the issuance of up to 47,17,740 equity shares on a preferential basis. This corrigendum provides additional disclosures and clarifications regarding the proposed preferential issue, as requested by BSE Limited. The company clarifies that the issue is proposed to be made to non-promoter category individuals and entities, and none of the allottees will acquire control or become promoters post-allotment. Detailed information on the current and proposed status of allottees, along with their shareholding post-issue, has been provided.

Classic Filaments Ltd's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026. The meeting, held on May 29, 2026, also included an auditor's report with an unmodified opinion on the annual audited financial results. The auditor drew attention to a significant change in the company's shareholding pattern and management control during the quarter ended March 29, 2026.

Classic Filaments Ltd's Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026. The meeting, held on May 29, 2026, also included an auditor's report with an unmodified opinion on the annual audited financial results. The auditor noted a significant change in the company's shareholding pattern and management control during the quarter ended March 29, 2026, with a complete transfer of corporate management control to incoming promoters.

Classic Filaments Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities is closed from April 1, 2026, and will reopen 48 hours after the declaration of the financial results.

Classic Filaments Ltd. will hold an Extra Ordinary General Meeting (EGM) on June 15, 2026, via video conferencing to approve the appointment of Mr. Vikkas Bansal as Chairman and Managing Director and the regularization of Mr. Tarun Jain as Executive Director. The Register of Members and Share Transfer books will be closed from June 6, 2026, to June 15, 2026. E-voting will be available from June 12, 2026, to June 14, 2026, with a cut-off date of June 6, 2026, for determining eligible members.

Classic Filaments Ltd has announced an Extra Ordinary General Meeting (EGM) scheduled for June 15, 2026, to be held via video conferencing. The meeting includes resolutions for the appointment of Mr. Vikkas Bansal as Chairman and Managing Director and the regularization of Mr. Tarun Jain as Executive Director. The Register of Members and Share Transfer books will be closed from June 6, 2026, to June 15, 2026. E-voting will be available from June 12 to June 14, 2026.

The Board of Directors of Classic Filaments Limited has approved the acquisition of Procasts Engineering Private Limited and Solven Power Systems Private Limited. Additionally, the board approved several other key decisions, including the recommendation for the appointment and regularization of directors, adoption of constitutional documents, issuance of equity shares on a preferential basis, increase in authorized share capital and borrowing limits, alteration of the object clause of the Memorandum of Association, and opening a new division in the Information Technologies sector. The board also approved calling an Extra Ordinary General Meeting.

The Board of Directors of Classic Filaments Ltd approved the issue of 47,17,740 equity shares on a preferential basis to non-promoter, public category individuals, subject to member approval. The board also approved the regularization of several directors, adoption of constitutional documents, increase in authorized share capital and borrowing limits up to ₹100 crores, alteration of the object clause of MOA, acquisition of Procasts Engineering and Solven Power Systems, and opening a new IT division. An Extra Ordinary General Meeting will be convened.

The Board of Directors of Classic Filaments Ltd has approved the issue of 47,17,740 equity shares on a preferential basis to non-promoter, public category individuals, subject to member approval. The board also approved several other items including the appointment and regularization of directors, adoption of constitutional documents, increase in authorized share capital and borrowing limits, alteration of the object clause, acquisition of Procasts Engineering Private Limited and Solven Power Systems Private Limited, and opening a new division in the Information Technologies sector. The preferential issue price is set at ₹51.50 per share.

The Board of Directors of Classic Filaments Limited approved several key decisions in its meeting on May 15, 2026. These include the appointment and regularization of directors, subject to member approval. A preferential issue of 47,17,740 equity shares to non-promoter, public category investors was approved at a price of ₹51.50 per share. The board also approved increasing the authorized share capital, altering the object clause of the Memorandum of Association, and increasing borrowing limits up to ₹100 crores, all subject to member approval. Furthermore, the board approved the acquisition of Procasts Engineering Private Limited and Solven Power Systems Private Limited, the opening of a new division in the Information Technologies sector, and the convening of an Extra Ordinary General Meeting.