Faalcon Concepts has confirmed the dispatch of notices for its Extraordinary General Meeting (EGM) scheduled for August 28, 2026, seeking shareholder approval to increase authorized share capital from ₹14 crore to ₹20 crore. The company published advertisements in Financial Express and Jansatta on August 4, 2026, disclosing compliance with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This procedural step ensures all members receive the requisite notice period as mandated by Section 108 of the Companies Act, 2013, allowing shareholders adequate time to review the resolution before voting.

The proposed capital hike aims to create headroom for 60 lakh additional equity shares of ₹10 each, raising the total authorized share capital to ₹20,00,00,000 divided into 2,00,00,000 equity shares. Management emphasized that this structural adjustment provides flexibility for long-term growth strategies, potential future fundraising, or strategic investments without requiring further board resolutions for each issuance. The new shares will rank pari-passu with existing equity shares in all respects. No directors or key managerial personnel have declared any financial interest in the resolution.

Meeting Logistics and Voting Details

The EGM will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM) in accordance with regulatory guidelines permitting virtual meetings. Shareholders holding shares as of the cut-off date, August 21, 2026, are eligible to vote. Remote e-voting will commence on August 25, 2026, at 9:00 a.m. and conclude on August 27, 2026, at 5:00 p.m., facilitated by Central Depository Services (India) Limited (CDSL).

The resolution will be passed as an Ordinary Resolution, requiring simple majority approval from shareholders present and voting during the meeting or via remote e-voting. Institutional shareholders must submit board resolutions authorizing their representatives to vote, while individual demat holders can access e-voting through their depository participant portals using single login credentials, as per SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020. The facility to appoint proxies is not available for this EGM, though body corporates may appoint authorized representatives.

Compliance and Regulatory Disclosures

The disclosure was issued pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ekta Seth, Managing Director, signed the intimation on August 4, 2026. The company has appointed M/s Rishi Sohar & Associates, represented by Rishi Sohar (Membership No. A54334), as the scrutinizer to oversee the voting process. This appointment ensures continuous compliance with secretarial audit requirements under SEBI regulations. Electronic copies of the notice were sent to all members whose email IDs are registered with the company or depository participants as of July 31, 2026, dispensing with physical copies as per Ministry of Corporate Affairs circulars.

Faalcon Concepts Limited has secured a significant work order valued at ₹101.92 crore from Splendor Information Technology Private Limited for the execution of façade work at a commercial project in Noida. The contract encompasses the design, fabrication, built, and installation of aluminium and glazing façade work for the Splendor ONYX building located in Sector – 142, Noida. This order reinforces the company's presence in the construction and glazing sector within the domestic market.

The project is scheduled to be executed over a period of three years, as per the terms outlined in the agreement. Billing under the contract will be conducted on a monthly basis, linked to material delivery and performance milestones. The order was awarded to a domestic entity, and there are no interests held by the promoter or promoter group companies in the awarding entity. Furthermore, the transaction does not qualify as a related party transaction.

Order Details

The following table outlines the key particulars of the order received:

The disclosure was made to the stock exchange in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted by Ekta Seth, Managing Director of Faalcon Concepts Limited.