E-Voting Information and Cut-off date for 01/2026-27 EGM to be held on Monday, 29 June 2026 at 03:00 PM IST.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B.R.Goyal Infrastructure Limited has called an Extra-Ordinary General Meeting (EGM) on Monday, 29 June 2026 at 03:00 PM IST, to be held via video conferencing. Shareholders will vote on three special resolutions. The first seeks approval to issue up to 11,00,000 convertible warrants at Rs. 119 each (face value Rs. 10 + premium Rs. 109), aggregating up to Rs. 13.09 crore, to nine non-promoter allottees on a preferential basis; each warrant can be converted into one equity share within 18 months. The second resolution seeks shareholder approval to borrow up to Rs. 700 crore under Section 180(1)(c) of the Companies Act, and the third seeks approval to create charges on the company's assets up to the same Rs. 700 crore limit under Section 180(1)(a). Remote e-voting will run from 26 June (9:00 AM) to 28 June 2026 (5:00 PM), with the cut-off date set as 22 June 2026. The company is listed on the BSE SME platform (Scrip Code: 544335).
If approved, the warrant issue could lead to dilution of existing equity once converted into shares over the next 18 months, though it provides immediate capital of up to Rs. 13.09 crore. The borrowing and charge resolutions give the company significantly expanded debt headroom (up to Rs. 700 crore), suggesting potential plans for larger projects or acquisitions, which could affect leverage and interest costs going forward.