Afcons Infrastructure shareholders approve ₹250 crore NCD issue and ₹2 per-share dividend
Afcons Infrastructure held a shareholders’ meeting that approved a plan to issue Non-Convertible Debentures (NCDs) totaling ₹250 crore, with 99.81% voting in favor. Shareholders also passed all routine and special resolutions, including a ₹2 cash dividend per share, the reappointment of key senior management, and adoption of audited financial statements for FY26. The promoter group, which holds 184.51 million shares, recorded a 99.99% voting participation rate, underscoring strong internal support. The actions were framed as standard corporate governance and debt-financing steps, with no reference to earnings changes, major asset transactions, or regulatory breakthroughs.