Issue of Convertible Equity Warrants under Preferential Issue.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B.R.Goyal Infrastructure Limited has approved raising funds of up to Rs. 13.09 crore through issuance of 11 lakh convertible warrants at Rs. 119 per warrant (including Rs. 109 premium). Each warrant is convertible into one equity share within 18 months from allotment. The warrants are being issued to 9 non-promoter allottees including individual investors and an AMC LLP. The company also reported FY 2026 standalone revenue of Rs. 8,814.68 lakh with profit after tax of Rs. 2,859.37 lakh, and recommended a final dividend of Rs. 0.25 per share. The board also approved increasing borrowing limits to Rs. 700 crore and acquiring a 10% stake in Virtuoso Infra Meditech LLP for Rs. 1.5 lakh.
The convertible warrants issuance will dilute existing shareholder equity when converted within 18 months. The Rs. 13.09 crore fund raise strengthens the company's capital base but current shareholders should be aware of potential share count increase. The company appears financially healthy with improved profitability year-over-year.