Intec Capital Ltd — Important, 21-08-2025: Company Update

The company's EGM voting results are out, revealing shareholders have approved all resolutions. Key approvals include the increase in authorised share capital and the issuance of equity shares/securities via private placement. Shareholders also sanctioned the re-appointment and appointment of directors, along with the re-appointment of statutory auditors and related party transactions. Significant green lights were given for the Employee Stock Option Scheme, a bonus issue through capitalization of reserves, enhanced borrowing limits, and the creation of charges. This broad shareholder approval provides the company with flexibility for future growth, capital raising, and employee incentives.