
Board Meeting22 Jun 2026, 07:30 pm
Likhitha Infrastructure Approves Warrants Issue & Director Appointments
AI Summary
Likhitha Infrastructure Ltd's Board of Directors met on June 22, 2026, approving the issuance of up to 25,00,000 convertible warrants on a preferential basis. The issue price is ₹240 per warrant, aiming to raise ₹60 crore. This is subject to shareholder and regulatory approvals. Additionally, Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram were appointed as Additional Directors, designated as Executive Directors, effective immediately. The meeting also detailed the post-allotment shareholding structure.
Key Highlights
- Company to raise ₹60 crore via preferential issue of warrants.
- Approves issuance of 25 lakh warrants at ₹240 each.
- Appoints two new Executive Directors to the Board.
- Fundraising subject to shareholder and regulatory approvals.
Price Impact
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