Dishman Carbogen Amcis Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on Jun 19, 2026
DCAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company has called an EGM on June 19, 2026, seeking shareholder approval for two key proposals. First, it wants to increase its borrowing limits from INR 1,700 Crores to INR 4,000 Crores to meet funding requirements, refinance existing high-cost debts, and support growth plans. Second, it seeks approval to avail an External Commercial Borrowing (ECB) of up to CHF 200 Million (approximately INR 2,452 Crores) from Aamanya AG, a Promoter Group entity beneficially owned by Global Managing Director Mr. Arpit Vyas. The ECB will be used to repay existing rupee loans, reduce interest costs, and fund working capital and capex requirements. The loan carries an interest rate of SARON + 400 bps (currently around 4% p.a.) with a 10-year maturity. E-voting will be open from June 16-18, 2026.
Shareholders should note this is a material related party transaction requiring their approval. The large ECB from a promoter entity signals significant debt restructuring aimed at lowering interest costs, but involves a related party which requires independent shareholder scrutiny.