Faalcon Concepts Limited (FCL) recently held an Extraordinary General Meeting (EGM) on November 28, 2025, where shareholders approved three significant resolutions. The meeting, conducted through video conferencing and remote e-voting, saw strong support for the company's proposed changes to its capital structure and share issuance plans.

Key Resolutions Approved

1. Increase in Authorized Share Capital

• Approval rate: 99.96%
• Votes in favor: 48,13,120
• Votes against: 2,000

2. Issuance of Warrants to Promoters

• Approval rate: 7.01% (of valid votes)
• Votes in favor: 3,37,220
• Invalid votes: 44,77,900 (Interested promoters' votes not counted)

3. Issuance of Equity Shares to Non-Promoters

• Approval rate: 100%
• Votes in favor: 48,15,120
• Votes against: 0

Voting Process and Results

The voting process was conducted through a combination of remote e-voting and voting at the EGM via video conferencing. The results demonstrate strong shareholder support for the company's initiatives, particularly for increasing the authorized share capital and issuing shares to non-promoters.

*Note: For the issuance of warrants to promoters, 44,77,900 votes were declared invalid as they belonged to interested parties (Mr. Prithvi Seth, Mr. Tribhuvan Seth, and Mrs. Ekta Seth).

Implications for Faalcon Concepts Limited

The approval of these resolutions suggests that Faalcon Concepts Limited may be positioning itself for potential growth and expansion. The increase in authorized share capital could provide the company with greater flexibility in its capital structure, while the issuance of warrants to promoters and equity shares to non-promoters might lead to an influx of capital for future endeavors.

Investors and market watchers should note that these corporate actions may have implications for the company's ownership structure and future financial strategies. Stakeholders are advised to closely monitor the company's subsequent announcements and filings for more details on the implementation of these approved resolutions.

Faalcon Concepts Limited has released its unaudited financial results for the half year ended September 30, 2025. The company's board meeting, held on November 14, 2025, approved these results along with other significant developments.

Financial Performance

The company reported consolidated revenue from operations of ₹1,378.41 lakh for the half year, with a total income of ₹1,379.87 lakh. On a standalone basis, Faalcon Concepts achieved a revenue of ₹1,410.06 lakh, showing a slight increase from ₹1,292.76 lakh in the same period of the previous year.

Profitability

Faalcon Concepts' consolidated profit before tax stood at ₹230.30 lakh. The net profit after tax was reported at ₹172.83 lakh. On a standalone basis, the company's profit before tax was ₹168.92 lakh, compared to ₹174.62 lakh in the corresponding period of the previous year.

Key Financial Metrics

The company's financial position as of September 30, 2025, is summarized in the following table:

Subsidiary Consolidation

A notable development is the company's acquisition of a 53% equity stake in Chrome Coaters Private Limited (CCPL). This acquisition has led to the consolidation of CCPL's financials with Faalcon Concepts Limited, marking the company's first period of consolidation. CCPL is engaged in the manufacture of fabricated metal products, except machinery and equipment.

Corporate Actions

The board meeting also addressed other important matters:

1. Approval of standalone and consolidated unaudited financial results for the half year ended September 30, 2025.
2. Appointment of a designated person to furnish information to the registrar of companies regarding beneficial interests in the company's shares, in compliance with Rule 9 of the Companies (Management and Administration) Rules, 2013.

Earnings Per Share

The basic and diluted earnings per share (EPS) for the half year, on a consolidated basis, were reported at ₹2.51 (not annualized).

Segment Reporting

The company has stated that it does not have more than one reportable segment as per Accounting Standard 17, and therefore, segment-wise reporting is not applicable.

Investors and stakeholders should note that these are unaudited results for the half year and may be subject to limited review. The company's performance should be viewed in the context of broader market conditions and industry trends.