Arcotech Board Approves Capital Increase & Auditor Appointment

Arcotech Limited's Board of Directors met on September 7, 2026, approving several key proposals. The company will fix the date for its 45th AGM on September 29, 2026. The Board recommended the appointment of M/s. Agarwal U R S & CO. as Statutory Auditors for a 5-year term, subject to shareholder approval. Significant capital restructuring was approved, increasing authorized equity share capital from ₹21 Crores to ₹136 Crores by creating additional equity shares. The company also approved reclassifying authorized Non-Convertible Redeemable Preference Shares to Preference Shares. Furthermore, the Board approved raising funds through the issuance of Unrated, Unlisted, Senior, Secured, Redeemable Non-Convertible Debentures on a private placement basis, subject to member approval.