MITCON Consultancy & Engineering Services Limited — Board Meeting, 28-07-2025: Outcome of Board Meeting

MITCON's board meeting approved key capital adjustments. Around 39.8 lakh partly paid-up shares are now fully paid after call money receipt. However, 2.6 lakh shares were forfeited due to non-payment. This move increased the company's paid-up capital from Rs 13.44 Cr to Rs 17.42 Cr. Strategically, MITCON is expanding its focus on sustainability by establishing two new wholly-owned subsidiaries: MITCON Water Ltd and MITCON Soil Health Ltd. Each new entity will involve a nominal initial investment of Rs 1 lakh, aiming to diversify business into water and soil management.