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Axel Polymers LtdOthers, 21-08-2025: AGM/EGM

21-08-2025 | 04:06 pm

Axel Polymers Limited shareholders have overwhelmingly approved a Special Resolution at a recent Extra-ordinary General Meeting. This resolution grants the company permission to issue new equity shares through a preferential private placement to an investor from the public category. The approval was near-unanimous, with 5,238,089 votes in favor out of 5,238,090 total votes polled. This strategic move empowers the company to raise essential capital, which is expected to support future growth initiatives and enhance its overall financial strength.

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