StockWatch
·
Road Assets–Toll, Annuity, Hybrid-Annuity
Board Meeting5 Oct 2026, 06:20 pm

Highway Infrastructure Board Meeting on Sep 8 to Consider Fund Raising

AI Summary

Highway Infrastructure Ltd has announced a Board of Directors meeting scheduled for September 8, 2026. The primary agenda items include considering a proposal to increase the company's authorized share capital and evaluating various fund-raising options. These options encompass issuing equity shares, convertible bonds, debentures, warrants, preference shares, or other equity-linked securities. The company may also consider preferential issues, qualified institutional placements, rights issues, or a combination thereof, subject to regulatory and shareholder approvals. The board will also seek shareholder approval for the proposed fund-raising activities.

Key Highlights

  • Board meeting scheduled for September 8, 2026.
  • Proposal to increase authorized share capital to be considered.
  • Evaluation of diverse fund-raising methods planned.
  • Shareholder approval will be sought for fund raising.