Candour Techtex Limited (formerly known as Chandni Textiles Engineering Industries Ltd) has announced a significant development in its financial strategy. The company's Board of Directors is set to convene on October 20, 2025, to deliberate on a proposal for raising funds through various means.

Key Points of the Announcement

• Meeting Date: October 20, 2025 (Monday)
• Primary Agenda: Consideration of fund raising proposal
• Potential Fund Raising Methods:
  • Preferential Issue
  • Qualified Institutions Placement (QIP)
  • Issue of Equity Shares
  • Issue of Convertible Securities

Regulatory Compliance and Shareholder Approval

The company has emphasized that any fund-raising activities will be conducted in accordance with:

1. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
2. Companies Act, 2013 (as amended)

Furthermore, the Board will discuss the possibility of convening an Extraordinary General Meeting (EGM) to seek shareholder approval for the proposed fund-raising initiatives.

Market Impact

This announcement could potentially impact Candour Techtex's stock performance and investor sentiment. The company's move to explore various fund-raising options suggests a strategic approach to capital management and possibly indicates plans for expansion or debt restructuring.

Company Background

Candour Techtex Limited operates from its registered office in Mumbai. The company's proactive approach to financial planning, as evidenced by this announcement, reflects its commitment to growth and shareholder value.

Investors and market watchers will be keenly awaiting the outcome of the October 20 board meeting, which could provide further insights into Candour Techtex's financial strategy and future plans.

Candour Techtex , a company listed on the BSE and Metropolitan Stock Exchange of India, has announced a key appointment to its leadership team. The company's Board of Directors has approved the appointment of Ms. Anuradha Mohan Matkar as the new Company Secretary and Compliance Officer, effective September 5, 2025.

Board Approval and Regulatory Compliance

The appointment was made during a board meeting held on September 5, 2025, which commenced at 3:00 PM and concluded at 4:00 PM. This decision aligns with Section 203 of the Companies Act, 2013, and Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About Ms. Anuradha Mohan Matkar

Ms. Matkar brings significant experience and expertise to her new role:

• Qualified Company Secretary with membership number ACS 57570
• Comprehensive understanding of corporate laws, regulations, and governance practices
• Proven track record in ensuring regulatory compliance and promoting efficient operations

Role and Responsibilities

As the Company Secretary and Compliance Officer, Ms. Matkar will be responsible for:

• Ensuring the company's adherence to regulatory requirements
• Managing corporate governance practices
• Overseeing efficient and transparent operations within the organization

Company Statement

Jayesh Ramniklal Mehta, Chairman & Managing Director of Candour Techtex, signed the official intimation to the stock exchanges. The company expressed confidence in Ms. Matkar's ability to contribute to the organization's success as a valuable member of the leadership team.

This appointment underscores Candour Techtex's commitment to maintaining strong corporate governance and regulatory compliance. Ms. Matkar's expertise is expected to play a crucial role in navigating the complex landscape of corporate laws and regulations.