Chandrima Mercantiles Ltd — Others, 04-07-2025: AGM/EGM

Chandrima Mercantiles Limited has announced a board meeting to hold an Extra-Ordinary General Meeting (EGM) via video conferencing. Key items include appointing Mr. Dinesh Hareshbhai Gohel as Managing Director for five years with a monthly remuneration of up to Rs. 1 lakh, and changing Mr. Pranav Kamleshkumar Trivedi’s designation from Executive Director to Non-Executive Non-Independent Director and Chairman. The company will adopt a new Memorandum of Association aligned with the Companies Act, 2013. It also plans to sub-divide equity shares from Rs. 10 to Re. 1 face value to improve liquidity and affordability for retail investors, altering the authorized and paid-up capital structure accordingly.