INDIA CAPITAL GROWTH FUND LIMITED (IGC) — Gateway to the Real India

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the INDIA CAPITAL GROWTH FUND LIMITED investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time by the Q and A tab situated in the right corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself, but the company can review all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to make the following poll. I'd now like to hand you over to Lucy Draper. Good morning. Thank you, Alexandra, and thank you everyone for joining us this morning. As I'm sure you're are aware, the Board of INDIA CAPITAL GROWTH implemented a redemption facility in 2020, enabling shareholders to redeem their holding every two years in exchange for cash. The next redemption point is on November 28 and is open to all investors that are held shares at 6PM on August 29, the record date. It's been decided an exit discount of 3% per redemption share. The board has stated that they will retain their entire holding and encourage shareholders to do the same. I'd also like to highlight that the redemption facility has no impact on your ability to trade your shares in the company as normal. But now on to the business of today, I'll pass over principal adviser to INDIA CAPITAL GROWTH FUND for an update on the trust, which will shortly celebrate its twenty year anniversary. Over to you, Gaurav. Great. Thank you, Lucy. Just a a way of introduction. You know, I've been associated with the Indian equity markets for the last thirty years. I've been managing the product for over a decade now. I'm based in Mumbai in India. ...