Chandni Machines Limited has announced a stock split, dividing each equity share of face value into ten equity shares to enhance stock liquidity and broaden its shareholder base.

Alongside this capital restructuring, the company approved the alteration of its memorandum of association, re-appointed a secretarial audit firm for a multi-year term, and made leadership changes by appointing an additional independent director and re-appointing an existing independent director for a second term.

Furthermore, the board authorized elevated financial thresholds for extending corporate loans, guarantees, inter-corporate deposits, and securities investments.