Board Meeting30 May 2026, 09:42 pm
B.R.Goyal Infra: Recommends ₹0.25 Dividend, Fund Raise via Warrants
AI Summary
B.R.Goyal Infrastructure Ltd's board approved audited financial results for the half year and financial year ended March 31, 2026, recommending a final dividend of ₹0.25 per share (2.5% on face value of ₹10), subject to shareholder approval. The company plans to raise up to ₹13.09 Crore through the issuance of 11,00,000 convertible warrants at ₹119 each to non-promoters on a preferential basis. The board also recommended increasing the overall borrowing limit to ₹700 Crore, pending shareholder approval at an Extra-Ordinary General Meeting.
Key Highlights
- Audited financial results for FY26 approved with unmodified opinion from M/s A B M S & Associates.
- Final dividend of ₹0.25 per share recommended, pending shareholder approval.
- Plans to raise up to ₹13.09 Crore via 11,00,000 convertible warrants at ₹119 each.
- Warrants are convertible into equity shares within 18 months from allotment.
- Overall borrowing limit increase to ₹700 Crore proposed, subject to shareholder approval.
Price Impact
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