Board Meeting8 Jul 2026, 07:10 pm
Shree Krishna Infrastructure Board Approves Director Appointment, Capital Hike, Rights Issue
AI Summary
Shree Krishna Infrastructure Ltd's Board of Directors met on July 8, 2026, approving key strategic decisions. The board appointed Mr. Hiren Kishor Patel as a Non-Executive Independent Director for a five-year term, subject to shareholder approval. Additionally, the authorized share capital was increased from ₹12.50 Crore to ₹40 Crore, requiring shareholder and other necessary approvals. The company also approved a Rights Issue to raise funds, with detailed terms to be finalized in a future meeting. The meeting commenced at 6:00 PM and concluded at 6:30 PM.
Key Highlights
- Hiren Kishor Patel appointed as Non-Executive Independent Director.
- Authorized share capital increased from ₹12.50 Crore to ₹40 Crore.
- Proposal to raise funds via Rights Issue approved.
- Shareholder approval is required for director appointment and capital hike.
- Detailed terms of Rights Issue to be finalized later.
Price Impact
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