StockWatch
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Civil Construction
AGM/EGM4 Jun 2026, 02:01 pm

B.R. Goyal Infra to hold EGM on June 29 for Warrants Issue

AI Summary

B.R. Goyal Infrastructure Ltd has announced an Extra-Ordinary General Meeting (EGM) to be held on June 29, 2026, to approve the issuance of up to 11,00,000 convertible warrants to non-promoters. The warrants, priced at ₹119 each, represent a total issue size of ₹13.09 crore. The EGM will also seek approval for borrowing beyond specified limits and for creating charges on company assets. Remote e-voting will be open from June 26 to June 28, 2026, with June 22, 2026, set as the cut-off date for determining eligible shareholders.

Key Highlights

  • EGM scheduled for June 29, 2026, to approve convertible warrants.
  • Issue of 11 lakh warrants at ₹119 each, totaling ₹13.09 crore.
  • Seeking approval for borrowing and asset charges.
  • Remote e-voting period: June 26-28, 2026.
  • Cut-off date for voting eligibility: June 22, 2026.