StockWatch
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Diversified Commercial Services
Board Meeting21 Aug 2026, 10:33 am

Global Infratech to raise ₹2 Crore via QIP

AI Summary

Global Infratech & Finance Ltd announced the outcome of its Board Meeting held on August 21, 2026. The board approved the re-appointment of Mr. V S Amarnath as Director and the appointment of Internal Auditors for the period October 1, 2026, to September 30, 2027. A significant decision was the approval to raise funds up to ₹2.00 Crore through a Qualified Institutional Placement (QIP). Additionally, the company fixed the date for its 31st Annual General Meeting (AGM) to be held on September 16, 2026, at 12:15 P.M. via VC/OAVM, and appointed Mrs. Kriti Daga as Scrutinizer for the voting process.

Key Highlights

  • Board approved raising funds up to ₹2 Crore via QIP.
  • Re-appointment of Mr. V S Amarnath as Director confirmed.
  • Internal Auditors appointed for FY27.
  • 31st AGM scheduled for September 16, 2026.
  • Book closure period for AGM approved.