
Board Meeting9 Oct 2026, 06:01 pm
Highway Infrastructure Board Meeting on Oct 14 to Consider Fund Raising
AI Summary
Highway Infrastructure Ltd has announced a Board of Directors meeting scheduled for October 14, 2026. The primary agenda items include considering a proposal to increase the company's authorized share capital and evaluating various methods for raising funds. These methods may include issuing equity shares, convertible bonds, debentures, warrants, preference shares, or other equity-linked securities through private placement, qualified institutional placement, rights issue, or other combinations. Shareholder approval will be sought for the fund-raising proposal and any ancillary actions. The meeting will also address any other business with the Chairman's permission.
Key Highlights
- Board meeting scheduled for October 14, 2026.
- Proposal to increase authorized share capital to be considered.
- Fundraising options via equity, debt, or hybrid instruments to be evaluated.
- Shareholder approval to be sought for fund raising and capital increase.
Price Impact
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