Arcotech Ltd Board Approves NCD Issue, AGM Date

Arcotech Limited's Board of Directors has approved the issuance of Non-convertible Debentures (NCDs) on a private placement basis, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The 45th AGM is scheduled for September 29, 2026. The Board also approved increasing the authorized equity share capital from ₹21 Crores to ₹136 Crores and reclassifying authorized preference share capital. Additionally, the appointment of M/s. Agarwal U R S & CO. as Statutory Auditors for a five-year term was considered and will be recommended for shareholder approval.