
Ishaan Infra Approves Share Capital Hike, Acquisitions, and Auditor Appointments
Ishaan Infrastructures and Shelters Limited's Board of Directors, in a meeting held on August 29, 2026, approved a significant increase in authorized share capital from ₹7.5 Crores to ₹64 Crores. The company also greenlit the acquisition of 100% share capital of Blisstering Electronics Private Limited and Bliss Cab Electronics Private Limited through a share swap agreement. This will be facilitated by a preferential issue of up to 5,67,51,732 equity shares at ₹14 per share. The board also noted resignations of statutory auditor, secretarial auditor, and two independent directors. M/s Grover Lalla & Mehta have been appointed as the new statutory auditors, and M/s VJ & Associates as the new secretarial auditors.
Key Highlights
- Authorized share capital increased from ₹7.5 Cr to ₹64 Cr.
- Acquisition of Blisstering Electronics and Bliss Cab Electronics approved.
- Preferential issue of 5.67 Cr shares at ₹14 per share planned.
- New statutory and secretarial auditors appointed.
- Two independent directors resigned from the board.
Price Impact
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