Highway Infrastructure Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
HILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Highway Infrastructure Limited has announced that shareholders have approved significant amendments to the company's MOA and AOA through a postal ballot. The MOA has been expanded to include two new object clauses. Clause III A (5) allows the company to develop and operate diverse infrastructure including hotels, hospitals, malls, resorts, power plants, solar/wind farms, and EV charging stations. Clause III A (6) authorizes toll collection business and wayside amenities on highways. The AOA changes include deleting Common Seal provisions and formally listing three promoter directors: Mr. Anoop Agrawal, Mr. Arun Kumar Jain, and Mr. Riddharth Jain. The special resolution was passed on April 13, 2026, following board approval on March 6, 2026.
This represents a major diversification of the company's business scope beyond traditional highway infrastructure into hospitality, energy, and logistics sectors. While this opens new revenue opportunities, it also increases business complexity and risk exposure for existing shareholders.