Highway Infrastructure Increases Authorized Capital, Approves Warrant Issue

Highway Infrastructure Limited's Board of Directors met on October 14, 2026, approving a significant increase in authorized share capital from Rs. 40 Crore to Rs. 50 Crore, subject to shareholder approval. The board also approved the issuance of up to 1,00,00,000 warrants to the Promoter and Promoter Group at Rs. 49.82 each, potentially raising up to Rs. 49.82 Crore. Additionally, the company will acquire a 51% stake in Indore Highway Real Estates Private Limited for Rs. 38.99 Lakhs. A draft notice for an Extraordinary General Meeting (EGM) to approve these proposals was also approved.