Dugar Housing Developments Ltd — Others, 10-05-2025: AGM/EGM

Dugar Housing Developments Limited has announced the unanimous approval of multiple resolutions at its Extra-Ordinary General Meeting, including increasing authorized share capital, altering its Memorandum and Articles of Association, raising funds through preferential allotment of equity shares and convertible warrants to non-promoter public investors, and increasing investment limits for foreign investors. The company also approved borrowing beyond existing limits, creation of charges on assets, changing its name, and regularizing two additional directors as independent directors. Additionally, a new statutory auditor was appointed to fill a casual vacancy. All resolutions received 100% shareholder support.