Gayatri Highways Limited has informed the Exchange about Copy of Newspaper Publication with respective Postal Ballot Notice.
GAYAHWS · price
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Gayatri Highways Limited is seeking shareholder approval via postal ballot for three material related party transactions. First, approval to alter terms of Cumulative Redeemable Preference Shares held in associate company HKR Roadways Limited and waive redemption premium up to Rs. 150 crores. Second, approval for a loan transaction of up to Rs. 50 crores with subsidiary Gayatri Jhansi Roadways Limited. Third, approval for a loan transaction of up to Rs. 50 crores with subsidiary Gayatri Lalitpur Roadways Limited. The remote e-voting period runs from April 21, 2026 to May 20, 2026, with results to be declared by May 22, 2026.
These are material related party transactions totaling up to Rs. 250 crores involving subsidiaries and an associate company. Shareholders should carefully evaluate the terms, as significant related party exposure could impact minority shareholder interests depending on how the funds are utilized.