CDG Petchem EGM Results 2026: 12 Resolutions Win 100% Votes

What the company disclosed to BSE

CDG Petchem Limited has declared the results of remote e-voting for its Extra-Ordinary General Meeting (EGM) held on April 24, 2026. The company filed the outcome with BSE Limited under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing confirms that shareholders approved all 12 resolutions placed before the meeting. The voting outcome clears the way for a set of corporate actions that change the company’s identity, governance structure, and financial authorisations.

Meeting details and voting window

The EGM (01/2026-27) was conducted through Video Conferencing and Other Audio Video Means. It started at 2:00 PM IST on April 24, 2026, and concluded at 2:19 PM IST, making it a 19-minute meeting. The record date for determining eligible shareholders was April 17, 2026.

Remote e-voting was open from April 21, 2026 (3:00 PM IST) to April 23, 2026 (5:00 PM IST). This mechanism allowed shareholders to vote without being physically present, while the meeting itself was held online.

Scrutinizer report and compliance trail

CDG Petchem said it submitted the voting results in the format prescribed under Regulation 44. The submission also included a copy of the scrutinizer’s report dated April 24, 2026.

The scrutinizer for the process was Mr. Akash Goel of M/s Akash & Co., Company Secretaries. The company stated that the Board had appointed the scrutinizer on January 5, 2026.

Participation and voting statistics

The company reported 1,504 shareholders on the record date. Attendance through VC included one promoter and 27 public shareholders.

In voting, the company disclosed a near-unanimous result. A total of 3,160,196 votes were cast, with 3,160,195 votes in favour and one vote against.

Name change to Jujhar Logistics Limited

One of the key resolutions approved was to change the company’s name from CDG Petchem Limited to Jujhar Logistics Limited. The company indicated this would require alteration of Clause I of the Memorandum of Association, and that the change is subject to a fresh Certificate of Incorporation from the Ministry of Corporate Affairs.

For investors, the name change is a formal step that typically aligns the listed entity’s branding with its intended business focus. The filing, however, is centred on approvals and process, not on timelines for operational transition.

Registered office shift from Telangana to Punjab

Shareholders also approved shifting the registered office from Telangana to Punjab. As described in the filing, this changes the jurisdiction from the Registrar of Companies, Hyderabad to the Registrar of Companies, Chandigarh.

The company said the move requires confirmation from the Regional Director, Southeastern Region, Hyderabad. This regulatory step is essential for an inter-state registered office shift and becomes a key milestone after shareholder consent.

Director appointments regularised

The EGM also regularised multiple director appointments. CDG Petchem reported shareholder approval for the regularisation of:

• Ms. Rita Aggarwal (DIN: 09288976) as Non-Executive Independent Director
• Ms. Kajal Jangra (DIN: 11217263) as Non-Executive Independent Director
• Mr. Akashdeep Singh Mundi (DIN: 08490980) as Non-Executive Non-Independent Director
• Mr. Arshdeep Singh Mundi (DIN: 03030608) as Executive Non-Independent Director

In addition, shareholders approved Mr. Jagjit Singh Rai (DIN: 07287367) as Executive Director and his regularisation as Whole-time Director for a five-year term.

₹500 crore borrowing and lending headroom approved

Among the financial authorisations, shareholders approved a borrowing limit of ₹500 crore under Section 180 of the Companies Act, 2013. They also approved a separate ₹500 crore limit for loans, guarantees, and investments under Section 186.

These approvals expand the company’s legal headroom for funding and inter-corporate financial support, subject to the board’s future decisions within the approved caps.

New AOA and MOA adopted under Companies Act, 2013

The company also adopted new Articles of Association and Memorandum of Association aligned with the Companies Act, 2013. The filing notes that these replace governing documents originally incorporated under the Companies Act, 1956.

CDG Petchem said the new AOA includes provisions covering share capital, securities issuance, share transfer processes, member rights, and depository-related provisions including dematerialisation.

Market snapshot and what investors track next

The filing states the EGM declaration was signed by Director Arshdeep Singh Mundi (DIN: 03030608) on April 25, 2026, and submitted to BSE Limited’s Department of Corporate Services. The company also said the disclosure is being made under Regulation 30 and will be placed on its website and other statutory platforms as required.

The broader market context in the provided data shows CDG Petchem last quoted at ₹174.30, up ₹8.30 (5.00%), with 1-year returns of 247.90%. Separately, historical return data in the same feed lists: 1 day +5.00%, 5 days +29.98%, 1 month +45.67%, 6 months +200.57%, 1 year +247.90%, and 5 years +730.00%.

Conclusion

CDG Petchem’s EGM voting outcome clears all 12 resolutions with 3,160,195 votes in favour and just one vote against, covering the name change to Jujhar Logistics Limited, a registered office shift to Punjab, board regularisations, and two ₹500 crore financial limits. The next formal milestones indicated in the filing include receiving the Ministry of Corporate Affairs certificate for the name change and obtaining the Regional Director’s confirmation for the registered office relocation.