IGC Industries Ltd — Others, 07-04-2025: Notice of Extra Ordinary General Meeting

IGC Industries Limited has announced a board meeting on May 2, 2025, to discuss several key matters. Notably, the company seeks approval for the appointment of Omprakash Pyarelal Sonar as an Independent Director and Ziauddin Mohammad as Managing Director for a term of five years. Additionally, the board proposes increasing the authorized share capital from ₹35 crore to ₹61 crore and acquiring 65,40,443 equity shares of CNX Corporation Limited for ₹31.39 crore through a share swap. This strategic move aims to enhance operational capabilities and market position, which could foster a positive outlook for investors.