Madhav Infra Projects Ltd Board Approves Rights Issue Up To ₹49 Cr

Madhav Infra Projects Ltd announced that its Board of Directors, in a meeting held on October 27, 2026, approved the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026. The Board also approved a Rights Issue to raise up to ₹49.00 crores by issuing equity shares to existing members. Intermediaries for the rights issue and listing permission from BSE will be sought. The financial results were accompanied by a limited review report from the statutory auditors, M/s Shah & Kadam.