Incon Engineers Ltd — Important, 22-06-2026: Company Update

Incon Engineers is seeking shareholder nod at its 56th Annual General Meeting for pivotal business moves. Key agenda includes approval to sell or redevelop its Hyderabad industrial land for multi-use zones, aiming to boost shareholder value and relocate manufacturing. Also on the table are authorizations for related party transactions up to Rs. 20 Cr, and enabling loans, guarantees, and investments up to Rs. 50 Cr for strategic growth and entity support. For the full year, the company reported revenue from operations of Rs. 0.27 Cr and a net loss of Rs. 0.43 Cr. No dividend was proposed. Its delisting application with Calcutta Stock Exchange faces delays due to unpaid penalties.