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India Capital Growth gets backing for continuation

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

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