Announced Mon, 22 Jun · 13:16 IST
AGM notice on July 16, 2026, to consider land sale and related party deals
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹18.18
prior close
₹19.08
base price
In-mkt
timing
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Up moveDown movePending
AI summary
Incon Engineers has called its 56th AGM on July 16, 2026 in Hyderabad. Key items: approval to sell or convert its 2.11-acre industrial land in Uppal under Telangana HILTP policy, related party transactions up to Rs.20 crore, loan and guarantee powers up to Rs.50 crore, and reappointment of Dr. B. Neeta Kumari. FY26 revenue fell to Rs.36.78 lakh from Rs.43.55 lakh, loss after tax was Rs.40.98 lakh. Net worth is negative at Rs.0.78 crore.
Likely market impact
Land sale under HILTP could unlock value, but company has negative net worth and continuing losses. Material RPTs need shareholder approval.