Adcon Capital Services files 32nd Annual Report for FY 2025-26, AGM on Sep 30
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Adcon Capital Services has filed its 32nd Annual Report for FY 2025-26. The AGM is on Sep 30, 2026 via video conferencing. Key agenda items include adopting financial statements, re-appointing Managing Director Piyush Saraf, re-appointing Independent Directors Suman Das and Rajeshwari Bangal for a second 5-year term, increasing authorised share capital from Rs 35 crore to Rs 85 crore to facilitate a revised preferential issue, altering the MOA, and appointing NNJ and Co as Secretarial Auditor for 5 years from FY 2026-27.
Proposed share capital hike from Rs 35 cr to Rs 85 cr hints at upcoming preferential issue that may dilute existing shareholders. AGM on Sep 30.