StockWatch
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Civil Construction
AGM/EGM16 Jul 2026, 05:10 pm

Likhitha Infrastructure Ltd Issues EGM Notice Corrigendum

AI Summary

Likhitha Infrastructure Ltd has issued a corrigendum to its Extraordinary General Meeting (EGM) notice, originally scheduled for July 22, 2026. The amendment clarifies details regarding a proposed preferential issue of warrants. This corrigendum is in response to queries from BSE and NSE seeking additional information on the preferential issue. The company intends to utilize the proceeds from this issue, estimated at ₹60 crore for working capital and ₹540 crore for capital expenditure, with utilization expected within six months of fund receipt.

Key Highlights

  • Corrigendum issued for EGM notice scheduled for July 22, 2026.
  • Clarifies preferential issue of warrants following stock exchange queries.
  • Proposed use of funds: ₹60 crore for working capital, ₹540 crore for capex.
  • Funds to be utilized within six months of receipt.
  • Additional disclosures provided as per SEBI ICDR Regulations.