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
+44 203 5303 600
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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