Notice of 01/2026-27 EGM to be held on 29 June 2026 at 03:00 PM IST.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B.R.Goyal Infrastructure has called an EGM on 29 June 2026 at 3:00 PM via video conferencing, with e-voting open from 26-28 June 2026 and a cut-off date of 22 June 2026. Three special resolutions are on the table. The first is to issue up to 11 lakh convertible warrants at Rs. 119 each (a Rs. 109 premium over the Rs. 10 face value), aggregating up to Rs. 13.09 crore, to 9 named non-promoter allottees on a preferential basis, with each warrant convertible into one equity share within 18 months. The second resolution seeks shareholder approval to raise the company's borrowing limit under Section 180(1)(c) to up to Rs. 700 crore. The third resolution seeks approval under Section 180(1)(a) to create charges on the company's movable and immovable assets to secure such borrowings. The company is listed on BSE's SME platform with scrip code 544355.
The Rs. 13.09 crore preferential warrant issue will lead to dilution if converted, though on a small base given the SME scale. The much larger signal is the proposed Rs. 700 crore borrowing limit and charge creation authority, which is a significant jump and suggests major upcoming debt-funded expansion, acquisitions, or refinancing plans. Shareholders should assess the company's debt servicing capacity given the scale of the new borrowing ceiling.