Axentra Corp Limited (formerly known as Dugar Housing Developments Limited) has announced the relocation of its registered office address within Chennai, effective December 24, 2025. The company communicated this administrative change to BSE Limited as part of its regulatory compliance obligations under Regulation 30.

Office Relocation Details

The company has provided specific details regarding the address change in its official communication to the stock exchange.

Regulatory Compliance

The company has emphasized that this relocation maintains continuity in regulatory oversight. The shift of the registered office remains within the same city and state, ensuring that the company continues to operate under the jurisdiction of the Registrar of Companies (Chennai). This administrative change does not affect the company's operational structure or regulatory compliance framework.

Company Information

Axentra Corp Limited operates under CIN L62013TN1992PLC023689 and was formerly known as Dugar Housing Developments Limited. The company secretary and compliance officer, Manisha Sharma, signed the official communication to BSE Limited regarding this address change. The notification ensures that all stakeholders and regulatory authorities are informed of the updated registered office location for future correspondence and compliance purposes.

Axentra Corp Limited has issued a comprehensive notice for an extraordinary general meeting (EGM) scheduled for Saturday, January 3, 2026, at 12:30 PM at Hotel Mount Heera, Chennai. The meeting will address nine special business items requiring shareholder approval for significant corporate restructuring and capital raising initiatives.

Capital Structure Enhancement

The company proposes to substantially increase its authorized share capital to accommodate future growth plans. The board seeks approval to raise the authorized capital from the current ₹14.00 crores to ₹35.00 crores, representing a 150% increase.

Preferential Issue for Fund Raising

Axentra Corp plans to raise ₹20.00 crores through preferential allotment of equity shares to non-promoter investors. The issue details include allocation to four Mauritius-based funds, each registered as Foreign Portfolio Investors (FPIs) under SEBI regulations.

The proposed allottees include ALMaha Investment Fund PCC-Onyx Strategy, Altitude Investment Fund PCC-Cell 1, Green Horizon Fund PCC-Cell 1, and Minerva Ventures Fund. Each fund will hold approximately 12.69% to 14.21% of the post-preferential issue capital on a fully diluted basis.

Foreign Investment Liberalization

The company seeks to expand foreign investment limits to attract international capital. The resolution proposes increasing the aggregate limit for Foreign Institutional Investors (FIIs), Foreign Portfolio Investors (FPIs), and Non-Resident Indians (NRIs) to 100% of the paid-up equity share capital on a fully diluted basis.

Investment Authorization Enhancement

Under Section 186 of the Companies Act, 2013, the board requests authorization to increase investment limits significantly. The proposed limit of ₹400.00 crores will enable the company to provide loans, guarantees, and acquire securities of other body corporates for strategic business objectives.

Leadership Restructuring

The EGM agenda includes regularization of three additional director appointments made in November 2025:

The appointments reflect the company's strategic expansion into IT infrastructure, software development, and cross-border investment advisory services. Mr. Palaniappan Kumarappan brings IT infrastructure expertise, while Mr. Nirmal De Soysa Cooke contributes nearly 20 years of experience in infrastructure development and energy sectors.

Compliance and Regulatory Matters

The meeting will also address ratification of the compliance certificate related to the company's name change from Dugar Housing Developments Limited to Axentra Corp Limited, which was approved in May 2025. The certificate from practicing Chartered Accountant confirms compliance with SEBI LODR Regulation 45(1) and 45(3).

Voting and Participation

Shareholders can participate through remote e-voting from December 31, 2025 (9:00 AM) to January 2, 2026 (5:00 PM). The cut-off date for determining voting eligibility is December 26, 2025. The company has appointed Mr. Ankur Gandhi, Company Secretary in Practice, as the scrutinizer for the voting process.

The comprehensive agenda reflects Axentra Corp's transformation strategy, focusing on technology services, international expansion, and strengthened capital structure to support future growth initiatives.