StockWatch
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Civil Construction
Acquisitions30 May 2026, 09:41 pm

BRG Goyal Infra to Acquire Stake in Virtuoso Meditech Infra LLP

AI Summary

B.R.Goyal Infrastructure Ltd's board approved the acquisition of a stake in Virtuoso Meditech Infra LLP during its meeting on May 30, 2026. The board also approved audited financial results for the half-year and financial year ended March 31, 2026, recommended a final dividend of ₹0.25 per share, and approved raising funds up to ₹13.09 Crore via convertible warrants. Additionally, the board recommended increasing the company's overall borrowing limit to ₹700 Crore, subject to shareholder approval.

Key Highlights

  • Board approved acquisition of stake in Virtuoso Meditech Infra LLP.
  • Final dividend of ₹0.25 per share recommended, subject to shareholder approval.
  • Plans to raise up to ₹13.09 Crore through convertible warrants.
  • Borrowing limit increase to ₹700 Crore proposed, pending shareholder approval.
  • Audited financial results for FY26 approved with unmodified opinion from auditors.
BRGIL
Civil Construction
B.R.Goyal Infrastructure Ltd

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