StockWatch
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Civil Construction
AGM/EGM7 Sept 2026, 08:10 pm

Axentra Corp Ltd Approves 34th AGM Notice, Capital Increase & Share Issues

AI Summary

Axentra Corp Ltd announced board approval for the 34th Annual General Meeting (AGM) notice, scheduled for September 30, 2026. Key decisions include approving the Board Report for FY26, fixing the AGM date, time, and venue, and setting September 23, 2026, as the cut-off date for voting. The company also approved the re-appointment of M/s M Sahu & Co as Statutory Auditors for four years, subject to member approval. Significant corporate actions include increasing authorized share capital from ₹35 Cr to ₹70 Cr and approving the issuance of equity shares and convertible warrants through various tranches, including an acquisition-related share allotment to TK7 Holdings Pty Ltd and cash issuances to promoters and the public.

Key Highlights

  • 34th AGM scheduled for September 30, 2026, with September 23 as cut-off date.
  • Authorized share capital to increase from ₹35 Cr to ₹70 Cr.
  • Approval for issuance of equity shares and convertible warrants.
  • Re-appointment of M/s M Sahu & Co as Statutory Auditors for four years.
  • Acquisition of Emagcia Ply Ltd via share swap and cash consideration.