CLChoksi Laboratories526546Admin disclosure update

Clarification on delayed EGM proceedings submission; company cites technical reasons

Company says EGM proceedings (meeting held 17 Oct 2026) were shared on 18 Oct 2026 after an inadvertent delay from technical reasons; it has resubmitted them with this clarification to BSE.

By ScoutQuest · Wed 21 Oct 2026, 6:42 PM IST · 2 min read

EGM held on

17 October 2026

EGM proceedings submitted on

18 October 2026

BSE clarification email dated

21 October 2026

What the update says

• BSE's Listing Compliance Monitoring Team emailed on October 21, 2026 asking for a clarification on the delayed submission of the proceedings of the Extra-Ordinary General Meeting held on October 17, 2026.
• The company replied that the delay was inadvertent, arose from technical reasons and was unintentional, and that it does not reflect any misinformation about the company.
• It stated that the proceedings of the EGM held on October 17, 2026 were submitted on October 18, 2026, apologised for any confusion, and said it has been regular in adhering to compliance requirements.
• The proceedings shared earlier on October 18, 2026 are enclosed again along with this clarification.

What the EGM covered

• The meeting was held on Saturday, October 17, 2026 at 12.33 p.m. (IST) through video conferencing / other audio visual means, and concluded at 12.39 p.m.
• The Chairman confirmed that quorum was present; directors, key managerial personnel and auditors attended through video conferencing.
• Remote e-voting was open from October 14, 2026 (9.00 a.m.) to October 16, 2026 (5.00 p.m.) for members holding shares as on the cut-off date of October 10, 2026.
• Ms. Surbhi Agrawal, Practicing Company Secretary, was the scrutinizer. The consolidated scrutinizer's report was to be submitted within a period not exceeding 48 hours from the conclusion of the EGM, after which the voting results were to be declared, intimated to the exchange and placed on the company's and CDSL's websites.

The resolution placed before members

• The board had previously considered and approved, subject to approvals including that of the members, a proposal for the issuance of convertible warrants on a preferential basis.
• This was placed as a special business item requiring a special resolution.
• Promoters and the proposed allottees in the proposed preferential issue abstained from voting on the resolution at the EGM.

How a retail investor can read this

• This letter is a procedural clarification about the timing of a disclosure, not a statement about the company's operations, sales or profits.
• The substantive event - the EGM and the preferential warrant resolution - is described in the enclosed proceedings; this letter adds the reason for the delay and the company's apology.
• The company's own account is that the lapse was technical and unintentional, and it has assured care in future submissions.
• On the warrant issue, the next checkpoint described is the scrutinizer's report and the declaration of voting results, after which the outcome of the special resolution would be known.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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