Afcons 50th AGM: All 9 resolutions passed, Rs 2 dividend cleared
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 from 3pm to 4:40pm. All 9 resolutions were approved with over 98 percent votes in favour. Key items included adoption of FY26 audited financials, declaration of Rs 2 per share dividend, re-appointment of Executive Chairman Subramanian Krishnamurthy and MD Srinivasan Paramasivan for 2 more years, and approval to raise up to Rs 250 Crore through NCDs or bonds on private placement. Record date had 2,43,792 shareholders.
Rs 2 dividend per share approved. Top leadership re-appointed for 2 years. Board cleared to raise Rs 250 Crore via private placement debt.