Chaman Metallics Limited — Others, 27-08-2025: Shareholders meeting
27-08-2025 | 04:17 pm
27-08-2025 | 04:17 pm
Chaman Metallics' shareholders have overwhelmingly approved all nine resolutions at its recent Extra-Ordinary General Meeting. Key approvals include increasing the company's authorized share capital, enhancing borrowing limits, and authorizing the Board to create charges on company assets. Shareholders also gave their consent for the Board to approve transactions involving loans, guarantees, and securities. Furthermore, limits for material related party transactions with G.R. Sponge and Power, G.R. Integrated Steel, G.R. Krishna Ferro Alloys, and other related parties were approved. These approvals provide the company greater financial and operational flexibility for future business endeavors and growth.
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