Jayant Infratech Board Approves Slump Sale & ₹8.78 Cr Preferential Issue

Jayant Infratech Ltd's Board of Directors approved the execution of a Business Transfer Agreement for the existing business/undertaking of M/s. Jayant Infraprojects (an Association of Persons) as a going concern via a slump sale. Concurrently, the Board approved a preferential allotment of up to 12,55,000 fully paid-up equity shares at ₹70 each, aggregating to ₹8,78,50,000. These shares will be issued to the members of M/s. Jayant Infraprojects as consideration for the acquisition, which is a related party transaction conducted on an arm's length basis. An Extra Ordinary General Meeting (EGM) is scheduled for May 27, 2026, to seek necessary approvals.