CDG Petchem EGM Approves Name Change, Borrowings, Director Appointments

CDG Petchem held its 1st EGM for FY27, approving 12 resolutions including a company name change and shifting its registered office from Telangana to Punjab.
Shareholders approved special resolutions to raise borrowing limits to ₹500 crore and provide guarantees/loans up to ₹500 crore under Sections 180 and 186.
The meeting regularized the appointments of five directors and approved new Memorandums and Articles of Association for the company.
Voting was conducted via remote e-voting and at the EGM, with results to be announced by April 26, 2026, after scrutinizer verification.