Dhenu Buildcon Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2025 ,inter alia, to consider and approve Pursuant to Regulations ....
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Dhenu Buildcon Infra Ltd has informed BSE that its Board of Directors will meet on Monday, July 21, 2025, at its registered office in Andheri West, Mumbai. The Board will consider and approve two key items: (1) increasing the Authorised Share Capital of the company along with a corresponding change in the Memorandum of Association, and (2) approving the conversion of outstanding loans into equity shares, to be done in one or more tranches, subject to shareholder and stock exchange approvals. The conversion will follow Section 62(3) of the Companies Act, 2013 and SEBI's ICDR Regulations. The trading window for promoters, directors, KMPs, and designated persons is already closed from July 16, 2025 and will reopen 48 hours after the board meeting concludes.
Both agenda items point to potential equity dilution for existing shareholders. A hike in authorised share capital combined with loan-to-equity conversion means the lender will be issued new shares, which could increase the company's equity base and reduce debt but also dilute the holding of current shareholders. Investors should watch for the final terms announced after the July 21 meeting.