Key Resolution

Item No. 1: Increase in Authorised Share Capital and Alteration of Capital Clause

The single item of special business to be transacted at the EGM is an Ordinary Resolution to:

  • Increase the Authorised Share Capital of the Company from the existing ₹ 14,00,00,000/- (Rupees Fourteen Crore) divided into 1,40,00,000 (One Crore Forty Lakh) Equity Shares of ₹ 10/- each to ₹ 20,00,00,000/- (Rupees Twenty Crore) divided into 2,00,00,000 (Two Crore) Equity Shares of ₹ 10/- each.
  • This involves the creation of an additional 60,00,000 (Sixty Lakh) Equity Shares of ₹ 10/- each, aggregating to ₹ 6,00,00,000/- (Rupees Six Crore).
  • Consequentially, alter Clause V of the Company's Memorandum of Association to reflect the new authorized capital.

The resolution is being proposed under Sections 61, 64, and 13 of the Companies Act, 2013, and the enabling provisions of the Articles of Association.

EGM and Voting Details

  • EGM Date & Time: Friday, August 28, 2026, at 04:00 P.M. IST.
  • EGM Mode: The meeting will be held entirely through Video Conferencing/Other Audio-visual Means (VC/OAVM). The registered office in Gurgaon is deemed the venue for minute-taking purposes.
  • Cut-off Date: The cut-off date for determining shareholder eligibility to vote and attend the EGM is Friday, August 21, 2026.
  • Remote E-Voting Period: Commences on Tuesday, August 25, 2026, at 9:00 a.m. and ends on Thursday, August 27, 2026, at 5:00 p.m.
  • E-Voting Service Provider: The company has appointed CDSL to facilitate the remote e-voting and voting during the EGM.
  • Scrutinizer: Mr. Rishi Sohar (Membership No. A54334, COP No. 26984), Proprietor of M/s Rishi Sohar & Associates, has been appointed to scrutinize the voting process.

Rationale and Impact

As per the explanatory statement, the increase in authorized capital is recommended by the Board of Directors to facilitate future fundraising activities. The new shares will rank pari-passu with the existing equity shares. The financial impact of this authorization is contingent on future issuances and is not quantified in this disclosure.

Other Key Information

  • The notice is available on the company's website (https://faalcon.in), the BSE website (www.bseindia.com), and the CDSL e-voting website (www.evotingindia.com).
  • Shareholders are encouraged to send their queries in advance to info@faalcon.in by 5:00 p.m. on August 21, 2026.
  • The facility to appoint a proxy is not available for this virtual EGM, though corporate members can appoint authorized representatives.
  • Detailed instructions for shareholders on how to access the virtual meeting and cast their vote (both remotely and during the meeting) are provided extensively in the notice, including helpdesk contacts for CDSL (1800 22 55 33) and NSDL (022-4886 7000).
  • The Board of Directors has declared that no director or key managerial personnel is interested in the resolution.