RCS - India CapitalGrwthFd - Update from QuotedData

RNS Number : 5307U India Capital Growth Fund Limited 26 February 2026 India Capital Growth Fund - Update from QuotedData26 February 2026Some welcome improvementsIndia Capital Growth Fund (IGC) is asking shareholders to approve replacing its biennial (every other year) redemption facility with five-yearly performance-based tender offers. This change aims to help the adviser take a longer-term approach to investments.The board also plans to introduce a new dividend policy, paying out about 2% of NAV as a dividend, with the aim to grow this over time if possible. Shareholders who prefer to reinvest rather than receive income can use a dividend reinvestment plan.We support both proposals and encourage shareholders to vote in favour at the EGM on 25 March 2026.The board has also changed IGC's performance benchmark to the MSCI India SMID Index, which better reflects IGC's portfolio than the previous BSE Mid Cap Index. This change took effect from 1 January 2026 and does not require shareholder approval.Full Research:https://quoteddata.com/research/india-capital-growth-fund-some-welcome-improvements-qd/This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.NB: Marten & Co was paid to produce this note India Capital Growth Fund Limited, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.QUOTEDDATA50 Gresham Street | London EC2V 7AYTel: +44 (0) 20 3691 9430www.quoteddata.com | research@quoteddata.com | www.martenandco.comThis information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END NRAAKABDFBKKOBB