Please find attached intimation under Regulation 30.
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ATV Projects India's board, at its meeting on 19 July 2025, approved several items pending shareholder approval at the upcoming AGM. It reappointed Mr. Arun Kumar Sharma as Whole Time Director and Mrs. Payal Sanghavi and Mrs. Deepa Shridhar Rai as Non-Executive Independent Directors, each for a second 5-year term. M/s ND & Associates was appointed as Secretarial Auditor for 5 years. The board also cleared a rectification to monetise surplus land at ATV Nagar, expanding the area from 2.71 acres to 3.29 acres for sale, lease, or joint development. Additionally, the company approved issuing 25 lakh convertible warrants at Rs. 41.50 each (aggregating about Rs. 10.375 crore) to promoter-group entity Mahalaxmi Import Export Private Limited, with 25% payable upfront and the balance within 18 months on conversion.
The preferential warrants to the promoter group signal continued promoter commitment but will dilute existing shareholders by roughly 4.5% if fully converted. The land monetisation plan could unlock value if a co-developer is finalised, while the director reappointments are largely routine and ensure management continuity.