Announced Fri, 6 Mar · 14:44 IST

Akash Infra Projects Limited has informed the Exchange regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on March 16, 2026

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Akash Infra Projects Limited has issued a second corrigendum to the notice of its EGM scheduled for March 16, 2026 at 4:00 PM through audio-visual means. The corrigendum updates Annexure I of Item No. 2 in the Explanatory Statement, which relates to a proposed preferential allotment of shares. The updated table details the pre-issue and post-issue shareholding of 19 proposed allottees, split between the promoter group and public (all non-QIB). Notable allotments include 7,00,000 shares to Yoginkumar Patel (taking his holding to 21.76%), 5,00,000 shares to Ambusinh Gol (21.19%), and 2,00,000 shares to Dineshbhai Patel (4.79%), among others. The corrigendum does not change any other part of the original EGM notice or the first corrigendum issued on March 4, 2026.

Likely market impact

This is a procedural update clarifying the share allocation table for a proposed preferential issue. Shareholders should review the revised allotment details before the EGM, as the final approved structure will determine post-issue promoter and public shareholding percentages.