Agi Infra Limited has informed the Exchange about Copy of Newspaper Publication
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Agi Infra Limited, a Jalandhar-based construction and infrastructure developer, has published Form DPT-1 in Financial Express (English) and Jag Bani (Punjabi) newspapers on July 3, 2025, inviting public deposits. The company proposes to raise up to Rs. 78 Crores through unsecured, non-cumulative deposits with interest rates of 8.00% (1 year), 8.50% (2 years), and 9.00% (3 years). The deposits will be used to augment working capital and for general corporate purposes. CARE Ratings has assigned a BBB+ Stable rating to the scheme. The company's audited financials show strong performance with profit after tax of Rs. 56.66 crores in FY25 (up from Rs. 52.01 crores in FY24 and Rs. 48.12 crores in FY23), and total assets of Rs. 1,196 crores as of March 2025. The company has declared a 10% interim dividend consistently for the last three years.
Shareholders should note that the company is raising fresh public deposits of up to Rs. 78 Crores, expanding its borrowing mix. The investment-grade BBB+ credit rating and consistent profitability provide comfort, but depositors are being invited to lend at rates of 8-9%, indicating the company is seeking cost-effective funding. Existing shareholders are not directly diluted, but the increased debt load should be monitored for its impact on interest coverage and capital structure.