StockWatch
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Heavy Electrical Equipment
Board Meeting4 Aug 2026, 04:15 pm

Jyoti Structures Board Approves Fundraise Up To ₹250 Cr

AI Summary

Jyoti Structures Limited's Board of Directors met on August 4, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also considered and approved a proposal to raise funds up to INR 250 crores through various equity and debt issuance methods, subject to regulatory and shareholder approvals. Additionally, the company removed M/s. Bhushan Khot & Co. as its Internal Auditor, with M/s. KNBJ & Co. continuing in the role.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Fundraising of up to ₹250 crores approved.
  • Internal auditor M/s. Bhushan Khot & Co. removed.
  • M/s. KNBJ & Co. continues as Internal Auditor.