Afcons Infrastructure Limited — Others, 25-07-2025: Shareholders meeting

Afcons Infrastructure held its 49th Annual General Meeting, where shareholders adopted the FY2024-25 financial statements and approved a dividend of ₹2.5 per equity share. Key approvals included the re-appointment of Directors Mr. Subramanian Krishnamurthy and Mr. Srinivasan Paramasivan, and Mr. Giridhar Rajagopalan as Deputy Managing Director for two years. Significantly, shareholders approved increasing borrowing limits and creating charges on company properties, both up to ₹50,000 Cr, and a plan to issue Non-Convertible Debentures/Bonds up to ₹750 Cr. These financial approvals strengthen the company's future growth and capital access.