Announced Mon, 29 Jun · 18:17 IST

EGM approves Rs 13.09 cr preferential warrants, higher borrowing limits

Board & Shareholder Meetings View source PDF

Price

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₹124.90
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AI summary

B.R.Goyal Infrastructure held its EGM on 29 June 2026 via video conferencing. Three special resolutions were tabled: (1) issue of up to 11 lakh convertible warrants at Rs 119 each (total Rs 13.09 crore) to non-promoters on a preferential basis, (2) raising borrowing limits beyond Section 180(1)(c) caps, and (3) creating charges on company assets. Meeting concluded at 3:20 PM. Voting results are awaited.

Likely market impact

Possible equity dilution if warrants convert; expanded borrowing capacity may fund growth. Voting outcome pending.