Results of Annual General Meeting

India Capital Growth Fund Limited

26 June 2024

 

LEI: 213800TPOS9AM7INH846

India Capital Growth Fund Limited

26 June 2024

INDIA CAPITAL GROWTH FUND LIMITED

Results of Annual General Meeting - all resolutions passed

India Capital Growth Fund Limited (the "Company") announces the results of the Annual General Meeting, the details of which were set out in the circular to Shareholders published by the Company on 24 May 2024 (the "Circular").

Each of the resolutions proposed in the Circular were duly passed on a poll.

Although resolution 8 was passed, the Board notes that 29.77% of votes were received against this resolution.

The Board will seek to engage with shareholders to discuss any views they may have and will take into account any feedback around their concerns.

The Board thanks its shareholders for their continued support.

The full results of the AGM were as follows:  

	For	Against	Abstain	% in favour
Ordinary Resolution 1	11,595,343	416	46,268	99.99
Ordinary Resolution 2	6,894,495	21,496	4,726,036	99.69
Ordinary Resolution 3	11,475,279	64,033	102,715	99.45
Ordinary Resolution 4	11,123,999	460,434	57,594	96.03
Ordinary Resolution 5	11,145,293	440,726	56,008	96.20
Ordinary Resolution 6	11,142,800	443,219	56,008	96.17
Ordinary Resolution 7	11,139,953	446,066	56,008	96.15
Ordinary Resolution 8	8,136,997	3,449,581	55,449	70.23
Special Resolution 9	11,498,014	87,129	56,884	99.25
Special Resolution 10	10,231,319	1,364,440	46,268	88.23

As at the date of the AGM, the number of ordinary shares in issue, and therefore the total number of voting rights was 86,811,872.

ENDS

ENQUIRIES

Matt Lihou

Apex Fund and Corporate Services (Guernsey) Limited

[phone]

[e-mail]

About India Capital Growth Fund

India Capital Growth Fund Limited ('ICGF'), the LSE premium listed investment company registered and incorporated in Guernsey was established to take advantage of long-term investment opportunities in companies based in India. ICGF predominantly invests in listed mid and small-cap companies, although investments may also be made in large cap and private Indian companies where the investment manager believes long-term capital appreciation will be achieved. www.indiacapitalgrowth.com 

 

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