Madhav Infra Projects Approves Rights Issue of ₹49 Cr

Madhav Infra Projects Ltd announced that its Board of Directors, in a meeting held on October 27, 2026, approved the raising of funds up to ₹49.00 crores through a Rights Issue to existing shareholders. The Board also considered and approved the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report from M/s Shah & Kadam. Intermediaries for the rights issue and seeking listing permission from BSE were also approved. The meeting commenced at 5:30 PM and concluded at 8:00 PM.