IGC India Capital Growth Fund Limited

20 March 2024

India Capital Growth Fund Limited
LEI: 213800TPOS9AM7INH846

Transaction in Own Shares and Total Voting Rights

The Board of India Capital Growth Fund (the "Company") announces that on 19 March 2024 the Company purchased for treasury 100,000 ordinary shares of 1p each at a price of 145p per share. The lowest/highest price paid per share was 144.5p/145.5p respectively.

Following the transaction, the Company's issued share capital comprises:

87,274,156 shares (excluding treasury shares)

25,228,017 shares held in treasury

112,502,173 shares (including treasury shares)

Therefore, the total number of ordinary shares with voting rights in issue in the Company is now 87,274,156. The above figure (87,274,156) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

ENQUIRIES

About India Capital Growth Fund

India Capital Growth Fund Limited the LSE premium listed investment company registered and incorporated in Guernsey, was established to take advantage of long-term investment opportunities in companies based in India. ICGF predominantly invests in listed mid and small cap companies, although investments may also be made in large cap and private Indian companies where the Fund Manager believes long-term capital appreciation will be achieved. www.indiacapitalgrowth.com