Madhav Infra Board to Consider Share Conversion & Preferential Issue

Madhav Infra Projects Ltd has announced a Board of Directors meeting scheduled for October 13, 2026. The primary agenda items include considering and approving the variation of 1% Non-Cumulative Non-Convertible Redeemable Preference Shares into 1% Non-Cumulative Compulsorily Convertible Preference Shares, and the subsequent allotment of equity shares. Additionally, the Board will discuss and approve a proposal for a Preferential Issue of securities through the conversion of promoter group's unsecured loan into equity shares. Both proposals are subject to shareholder approval. The company has also closed its trading window from October 1, 2026, until 48 hours after the announcement of unaudited financial results for the quarter and half-year ended September 30, 2026.