Summary proceeding of 01/2025-26 Extra Ordinary General Meeting of Faalcon Concepts Limited held on 28.11.2025 for agenda mentioned as per notice.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Faalcon Concepts Limited held its first EGM of FY2025-26 on Friday, 28 November 2025 at 4:00 PM via video conferencing. Three special business items were transacted: (1) an increase in authorised share capital from Rs. 10.50 crore (1.05 crore equity shares of Rs. 10 each) to Rs. 14 crore (1.40 crore equity shares of Rs. 10 each), creating 35 lakh additional shares; (2) issue of up to 12 lakh convertible warrants at Rs. 44.50 each to promoters on a preferential basis; and (3) issue of up to 20.50 lakh equity shares at Rs. 44.50 each to certain identified non-promoter persons/entities, also on a preferential basis. Remote e-voting ran from 25 November 9:00 AM to 27 November 5:05 PM, with an additional 15 minutes of e-voting after the meeting. Voting results from the scrutinizer will be filed with BSE within 48 hours of meeting conclusion; they were not included in this filing.
If approved, the preferential allotments (warrants plus equity shares) could collectively raise roughly Rs. 14.5 crore from promoters and select non-promoters at Rs. 44.50 per share, leading to equity dilution for existing public shareholders. Stock price may react once the voting outcome confirms whether the capital raise plan has gone through.