Biocon Limited Exta-Ordinary General Meeting: All Resolutions Passed Unanimously
Biocon Limited held its Extra-Ordinary General Meeting (EGM) on December 31, 2025, via video conferencing. The meeting was convened to transact businesses as stated in the EGM Notice dated December 06...
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Why is Biocon Limited in the news today?
Biocon Limited (BIOCON) is in the news due to all resolutions were passed with the requisite majority, indicating shareholder approval and confidence in the company's proposals.
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Biocon Limited Exta-Ordinary General Meeting: All Resolutions Passed Unanimously
January 1, 2026, 05:43 AM
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Biocon Limited held its Extra-Ordinary General Meeting (EGM) on December 31, 2025, via video conferencing. The meeting was convened to transact businesses as stated in the EGM Notice dated December 06, 2025.
All resolutions proposed at the EGM were duly passed with the requisite majority. The company has submitted the voting results and the Scrutinizer's Report to the stock exchanges. These documents are also available on Biocon's website (www.biocon.com) and the website of its Registrar and Share Transfer Agent, Kfintech.com.
The EGM transacted business related to the issuance of equity shares on a preferential basis for consideration other than cash, an increase in limits for investments, loans, guarantees, and securities under Section 186 of the Companies Act, 2013, and an increase in authorized share capital. Additionally, resolutions concerning material related party transactions with Mylan Inc., granting special rights to investors, and raising funds were also addressed.
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