Hoac Foods India Limited — Others, 26-06-2025: Shareholders meeting

Hoac Foods India Limited has announced the passing of two key resolutions at an Extra Ordinary General Meeting conducted via video conference. Firstly, the company approved an increase in its authorized share capital along with corresponding amendments to its Memorandum of Association. Secondly, shareholders approved a capital-raising plan through issuance of equity shares and/or equity-linked securities via Qualified Institutions Placement (QIP) in one or more tranches. Both resolutions received overwhelming support, with over 70% voting participation and 100% approval from votes polled. These measures aim to strengthen the company’s financial base and support future growth initiatives.