StockWatch
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Industrial Products
AGM/EGM22 May 2026, 05:52 pm

Ducon EGM: Resolution Passed on Share Capital Increase

AI Summary

Ducon Infratechnologies Ltd held an Extra-Ordinary General Meeting (EGM) on May 20, 2026, via video conferencing. Shareholders approved a resolution to increase the authorized share capital and alter the capital clause in the Memorandum of Association. Voting results, as per Regulation 44(3) of SEBI guidelines, indicate that the resolution was passed with a significant majority. Total votes polled were 15,292,725, with 14,753,716 votes in favor and 539,009 against. Promoters and promoter groups voted in full support of the resolution.

Key Highlights

  • Ducon EGM held on May 20, 2026, via video conferencing.
  • Resolution passed to increase authorized share capital.
  • 14,753,716 votes in favor, 539,009 votes against the resolution.
  • Promoters and promoter group fully supported the resolution.