Announced Tue, 14 Jul · 20:49 IST

AGM on 10 Aug 2026: asset sale to related party, borrowing hike

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+10.3%1-day move
₹32.00
prior close
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.3+15.8+21.6+20.6+28.4+30.4
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AI summary

Indo Cotspin 32nd AGM on 10 Aug 2026 at 1:00 PM via video conferencing. Key resolutions: adopt FY26 financials, appoint Manish Jain as auditor for 5 years, re-appoint MD Bal Aggarwal and whole-time directors for 5 years, shift Raj Pal Aggarwal to Non-Executive Director, raise borrowing limit to 50 crore, and sell land, building and plant and machinery to a related party for 11 crore.

Likely market impact

Related party asset sale of 11 crore and borrowing limit hike to 50 crore are the key items. Director re-appointments are routine.