Chandni Machines Limited was originally incorporated as a Wholly-owned subsidiary Company of Chandni Textiles Engineering Industries Limited (Holding Company) on 12th April, 2016 under the name of 'Chandni Machines Private Limited'. The Company got converted into Public Limited on 26th July, 2018 and name of the Company changed to Chandni Machines Limited. The Company is primarily engaged in trading of engineering goods.
The Composite Scheme of Arrangement for Demerger between Chandni Textiles Engineering Industries Limited (CTEIL) and Chandni Machines Private Limited (CMPL) and their respective shareholders and creditors was sanctioned by the National Company Law Tribunal, Bench at Mumbai vide Order dated 04th January, 2018. The Scheme became effective from 24th January, 2018. Further, ... in consideration of Scheme, the Demerged Company had fixed 20th August, 2018 as Record Date to determine its shareholder who would be entitled to the shares of Resulting Company in share entitlement ratio of 1:5 i.e., 1 equity share of 10/- each in CML for every 5 equity shares of 10/- each held by them in CTEIL. Accordingly, the Board of Directors of Resulting Company on 22nd August, 2018 had allotted 32,27,433 Equity Shares of Rs. 10/- each to the shareholders of CTEIL. Subsequently, application for listing of equity shares of CML was made to BSE. The Company received in principle approval from BSE on 9th January, 2019 and letter confirming relaxation from Rule 19(2)(b) of the Securities Contract (Regulation) Rules, 1957 from Securities and Exchange Board of India (SEBI) on 25th February, 2019. The final listing and trading approval for the equity shares of CML was received from BSE on 04th April, 2019. The Equity Shares of the Company got listed on BSE with effect from 05th April, 2019 pursuant to the Scheme.
The Company has built a name for quality machines & equipments reposed by customers to make repeated purchases. The clients are mainly from automobile, pharma, home appliances, textile, metalworking, forging, fabrication, mold makers, steel, bearing, glass, plastic, power, generation, aviation, gear making, crankshaft, mining & construction and various other units. The Group is a leader in supplying affordable machines both NC ( Numerical Control ) & CNC (Computer Numerical Control.)
1. Can I buy Chandni Machines Ltd from PL Capital? ›
Yes, you can invest in Chandni Machines Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Chandni Machines Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Chandni Machines Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Chandni Machines Ltd pay dividends? ›
Chandni Machines Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Chandni Machines Ltd ? ›
As of
04-11-2025 the share price for Chandni Machines Ltd. is 90.82 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Chandni Machines Ltd ? ›
The 52-week high and low of Chandni Machines Ltd share price is ₹ 31 - ₹ 90.82 as of
04-11-2025 .
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