India Capital Growth gets backing for continuation
At today’s AGM, all the resolutions that were put to shareholders were passed by a significant margin.
Resolution 1 – that the company continues – was passed 92.9 : 7.1
Resolution 2 – allowing the company to issue shares – was passed 96.9 : 3.1
Resolution 3 – allowing shares to be issued without first offering them to existing shareholders – was passed 93.7 : 6.3
Resolution 4 – changing a few definitions in the company’s Articles of Association – was passed 96.8 : 3.2
Resolution 5 – permitting share buy backs – was passed 97.6 : 2.4
IGC : India Capital Growth gets backing for continuation
