Highway Infrastructure Ltd Issues Corrigendum for EGM Notice

Highway Infrastructure Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice scheduled for November 13, 2026. The corrigendum amends and supplements disclosures in the Explanatory Statement for Item No. 2, concerning the proposed issue of up to 1,00,00,000 Convertible Warrants to the Promoter and Promoter Group. The funds raised, approximately ₹49.82 Crore, will be used to finance the development of a 4-star hotel and existing commercial real estate. The corrigendum details amendments to the object of the issue, the number of specified securities, proposed allottees' shareholding, and references to the practicing company secretaries' certificate and valuation report. The floor price for the preferential issue has been determined at ₹49.07 per Equity Share.