HCC 100th AGM on August 18, 2026; Rs 800 crore fundraise and other items on agenda
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HCC convenes its 100th AGM on August 18, 2026 via video conferencing. Agenda includes adoption of FY26 audited accounts, re-appointment of Mr. Aditya Pratap Jain, appointment of Mr. Nakul Pasricha as Independent Director for 5 years, Rs 1.50 crore remuneration to Chairman Ajit Gulabchand for FY27, ratification of cost auditor fee, hike in authorized share capital from Rs 300 crore to Rs 400 crore, and authorization to raise up to Rs 800 crore via QIP, preferential allotment, or rights issue.
Shareholders vote on FY26 accounts, director changes, Chairman pay, capital expansion, and a potential Rs 800 crore equity raise that may dilute existing holdings.