Shashank Traders Ltd

Shashank Traders Ltd's Board of Directors met on July 30, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company also approved a preferential issue of 75,000 equity shares at ₹34.10 per share, raising ₹25.57 Lakhs. The Board further approved convening the Annual General Meeting (AGM) on September 7, 2026, via Video Conferencing to seek shareholder approval for these matters. Mr. Sudhansu Sekhar Panigrahi was appointed as Scrutinizer for the e-voting process.

Shashank Traders Ltd announced the outcome of its Board of Directors meeting held on July 30, 2026. The board approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with an Unmodified Limited Review Report from statutory auditors M/s. G K Tulsyan & Co. The company also approved a preferential issue of 75,000 equity shares at ₹34.10 per share, aggregating ₹25,57,500. Additionally, the board approved the convening of the Annual General Meeting (AGM) on September 7, 2026, via Video Conferencing to seek shareholder approval for the preferential issue and other matters. Mr. Sudhansu Sekhar Panigrahi was appointed as Scrutinizer for the e-voting process.

Shashank Traders Ltd has announced the closure of its trading window for designated persons. This closure will be effective from July 24, 2026, and will continue until 48 hours after the submission of the outcome of the Board Meeting scheduled for July 30, 2026. The measure is in accordance with the company's Code of Conduct for Prevention of Insider Trading, framed under SEBI regulations.

Shashank Traders Ltd has announced a Board of Directors meeting scheduled for July 30, 2026. The primary agenda items include the consideration and approval of the Standalone Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the board will evaluate a proposal for raising funds through various permissible modes such as private placement, preferential issue, or qualified institutions placement. The company may also consider convening a General Meeting or Postal Ballot to seek shareholder approval for the fund-raising proposal.

Shashank Traders Limited has announced the convening of its Extra-Ordinary General Meeting (EGM) for the fiscal year 01/2026-2027, scheduled for Thursday, July 30, 2026, at 3:00 P.M. IST. The meeting will be conducted via Video Conference (VC)/Other Audio Visual Means (OAVM). Key agenda items include regularizing the appointment of Mr. Aditya Vikram Birla as a Non-Executive-Independent Director and Mrs. Suranjana Birla as a Non-Executive Non-Independent Women Director. The company is providing an electronic voting facility through NSDL, commencing July 27, 2026, and concluding on July 29, 2026. The cut-off date for voting eligibility is July 23, 2026. The EGM notice is also available on the company's website.

Shashank Traders Ltd's Board of Directors, in a meeting held on July 06, 2026, approved several significant corporate actions, subject to shareholder and regulatory approvals. Key decisions include a substantial increase in authorized share capital from ₹3.50 Crores to ₹50 Crores, a proposed name change from "Shashank Traders Limited" to "Cosmic Energy & Motors Limited", and alterations to the Memorandum and Articles of Association. The board also approved the appointment of M/s. ValuGenius Advisors LLP as a Registered Valuer for share valuation and M/s. Narnolia Financial Services Limited as a Merchant Banker for advisory services related to a proposed acquisition and preferential issue. Furthermore, the board resolved to empower itself to create charges on company assets up to ₹500 Crores and increase borrowing powers.

Shashank Traders Ltd announced significant corporate changes following a Board of Directors meeting on July 06, 2026. Key approvals include a substantial increase in authorized share capital from ₹3.5 Crores to ₹50 Crores, a name change to Cosmic Energy & Motors Limited, and alterations to the Memorandum and Articles of Association. The company also approved the appointment of a registered valuer for share valuation and a merchant banker for advisory services related to proposed transactions. Additionally, the board received authorization to create charges on company properties up to ₹500 Crores and to increase borrowing powers, subject to shareholder approval.

Shashank Traders Ltd's Board of Directors, in a meeting held on July 06, 2026, approved several significant corporate actions, subject to shareholder and regulatory approvals. These include a substantial increase in authorized share capital from ₹3.5 Crores to ₹50 Crores, a name change from "Shashank Traders Limited" to "Cosmic Energy & Motors Limited", and alterations to the Memorandum and Articles of Association. The board also approved the appointment of M/s. ValuGenius Advisors LLP as a Registered Valuer and M/s. Narnolia Financial Services Limited as a Merchant Banker for upcoming transactions. Additionally, powers to create charges on company properties up to ₹500 Crores and to increase borrowing powers were approved.

Shashank Traders Ltd's Board of Directors met on July 6, 2026, approving several significant corporate actions, subject to shareholder and regulatory approvals. Key decisions include increasing the authorized share capital from ₹3.50 Crores to ₹50 Crores, and changing the company's name to "Cosmic Energy & Motors Limited". The board also approved alterations to the Memorandum and Articles of Association, including the object clause. Furthermore, M/s. ValuGenius Advisors LLP was appointed as a Registered Valuer for share valuation related to proposed acquisitions and preferential issues, and M/s. Narnolia Financial Services Limited was appointed as a Merchant Banker. The board also resolved to empower itself to create charges on company properties up to ₹500 Crores and increase borrowing powers.

Shashank Traders Ltd announced board approval for significant corporate actions, including a substantial increase in authorized share capital from ₹3.5 Crores to ₹50 Crores. The company also proposed a name change to 'Cosmic Energy & Motors Limited', subject to shareholder and government approvals. Additionally, the board approved alterations to the Memorandum of Association (MOA) and adoption of new Articles of Association (AOA) as per the Companies Act, 2013. The company also appointed a registered valuer and a merchant banker for proposed transactions, including acquisitions and preferential issues. The board was empowered to create charges on company assets up to ₹500 Crores.