Enclosed herewith the proceedings of the EGM held on dated 27th May,2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jayant Infratech Limited held an EGM on May 27, 2026 at its registered office in Bilaspur, Chhattisgarh. The meeting was chaired by Managing Director Nilesh Jobanputra and attended by 21 members. Two special resolutions were passed: (1) a preferential issue of equity shares for consideration other than cash via share swap arrangement, and (2) approval for acquisition of the business undertaking of M/s Jayant Infraprojects (Association of Persons) on a slump sale basis as a going concern. The second item is explicitly flagged as a material related party transaction. Remote e-voting was conducted from May 23-26, 2026, with ballot voting also available at the meeting. The scrutinizer's report and consolidated voting results will be submitted separately to BSE.
Shareholders should note that this EGM approves a related party transaction involving business acquisition via slump sale and a share-swap arrangement. This represents a significant corporate restructuring that could affect the company's asset base and shareholding structure. The actual impact will become clearer once voting results are disclosed.