Afcons 50th AGM: All 9 resolutions passed, Rs 2 dividend declared
AFCONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Afcons Infrastructure held its 50th AGM on July 30, 2026 via video conferencing. All 9 resolutions passed with over 98 percent approval. Key items: Rs 2 per share dividend for FY26, re-appointment of Executive Chairman Subramanian Krishnamurthy and Managing Director Srinivasan Paramasivan for 2 years each, and approval to issue NCDs/bonds up to Rs 250 Crores on private placement basis. About 2.44 lakh shareholders were on record date, with 82 percent of outstanding shares voting.
Shareholders to receive Rs 2 dividend per share. Top leadership continuity confirmed for 2 years. Company authorized to raise up to Rs 250 Cr via NCDs.