Vascon Engineers EGM to approve 2 Cr warrants on preferential basis

Vascon Engineers Ltd has announced an Extra-Ordinary General Meeting (EGM) to be held on Monday, May 18, 2026, at 11:30 a.m. (IST) through Video Conference (VC) / Other Audio Visual Means (OAVM). The primary agenda for the EGM is to seek shareholder approval for the issuance of up to 2,00,00,000 (Two Crores) fully convertible warrants on a preferential basis. These warrants will be issued to both promoter and non-promoter categories. The company has set Monday, May 11, 2026, as the cut-off date for determining members eligible for e-voting. The remote e-voting period will commence on Wednesday, May 13, 2026, at 9:00 a.m. IST and conclude on Sunday, May 17, 2026, at 5:00 p.m. IST. The proposed issuance is subject to various regulatory and statutory approvals.