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IGC Industries LtdOthers, 02-05-2025: AGM/EGM

02-05-2025 | 01:55 pm

IGC Industries Limited has announced a board meeting conducted via video conferencing to pass key resolutions including the appointment of Omprakash Pyarelal Sonar as an Independent Director and Ziauddin Mohammad as Managing Director. The company approved an increase in authorized share capital and plans to acquire 40,40,443 equity shares of CNX Corporation Limited through a share swap. Additionally, 1,61,61,772 equity shares will be issued on a preferential basis via share swap. Voting was completed through e-voting facilities, with results to be disclosed shortly. These decisions signal strategic expansion and leadership strengthening for the company.

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