Kandal M Venture holds shareholder meeting, backs 1-for-40 share consolidation proposal

Bitget2026/09/28 13:11

By:Bitget

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Kandal M Venture held an extraordinary shareholder meeting on Sept. 22, 2026.
Shareholders adopted a resolution authorizing a 40-for-1 share consolidation, subject to a board-set effective date no later than Oct. 13, 2026.
The resolution also authorized rounding up fractional entitlements to whole shares in the consolidation.
Directors were empowered to complete related actions, including canceling old share certificates and issuing new ones, following implementation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kandal M Venture Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-103779), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kandal M Venture holds shareholder meeting, backs 1-for-40 share consolidation proposal

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