Jayant Infratech Ltd

Jayant Infratech Ltd has secured a significant Letter of Acceptance from South East Central Railway, Bilaspur, for executing crucial Railway Overhead Electrification (OHE) works. The contract, valued at ₹16,54,65,661.93, involves multiple phases including the electrification of the 4th line between DLBS-Durg, Rajnandgaon Goods Shed/FCI Siding line, and provision of OHE bonds for new DC track circuits. The project is slated for completion by June 2027 and is expected to bolster the company's revenue and operational growth. This domestic contract underscores Jayant Infratech's capabilities in the railway infrastructure sector.

Ms. Pragya Soni has resigned as Non-Executive Independent Director from Jayant Infratech Ltd, effective June 9, 2026. She will also cease to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee. The resignation is attributed to pre-occupation and other professional commitments. The company has confirmed there are no other material reasons for her departure.

Jayant Infratech Ltd. has announced its audited standalone financial results for the half year and year ended March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on May 29, 2026. The board meeting commenced at 5.20 P.M. and concluded at 20:50 P.M. The company's auditor has issued an unmodified opinion on the financial results, stating they present a true and fair view in accordance with applicable accounting standards and regulations.

Jayant Infratech Ltd announced its audited standalone financial results for the half year and year ended March 31, 2026. The Board of Directors approved the results after a review by the Audit Committee. The meeting commenced at 5.20 P.M. and concluded at 20:50 P.M. The results and audit report with unmodified opinion are available on the company's website.

Jayant Infratech Ltd has received a Letter of Acceptance from Central Railway, Bhusawal Division, for railway overhead electrification works valued at ₹12,01,78,803.58. The project includes design, supply, erection, testing, and commissioning of 25 KV AC OHE works, including isolator replacement, electrification of sidings, and pit line electrification. The project is expected to contribute to the company's revenue and operational growth and is to be executed by November 2027.

Jayant Infratech Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Standalone Audited Financial Results of the Company for the half year and year ended March 31, 2026, along with the Auditor's Report with Unmodified Opinion and Declaration by the Company. The trading window remains closed from April 1, 2026, until 48 hours after the declaration of the Audited Financial Results.

Jayant Infratech Ltd has announced that its Extra-Ordinary General Meeting (EGM) will be held on Wednesday, May 27, 2026, at 04:00 P.M. (IST) at the company's corporate office in Bilaspur. The EGM notice includes details on offering, issuing, and allotting equity shares for consideration other than cash on a preferential basis. The notice and e-voting instructions are available on the company's website, the BSE website, and the Registrar and Transfer Agent's website.

Jayant Infratech Ltd's Board of Directors approved the acquisition of M/s. Jayant Infraprojects (an Association of Persons) as a going concern through a slump sale. The acquisition will be financed by a preferential allotment of up to 12,55,000 fully paid-up equity shares at ₹70 each, totaling ₹8,78,50,000. These shares will be issued to the members of M/s. Jayant Infraprojects as consideration, effectively a share swap. M/s. Jayant Infraprojects, with a turnover of ₹1.21 crore as of March 31, 2025, is involved in railway electrification and civil construction. The transaction is a related party transaction, as the company's promoters are members of the acquired entity, but it is stated to be at arm's length and supported by an independent fair market valuation. An Extra Ordinary General Meeting (EGM) is scheduled for May 27, 2026, to seek shareholder approval for these proposals.

Jayant Infratech Ltd's Board of Directors approved the execution of a Business Transfer Agreement for the acquisition of M/s. Jayant Infraprojects (an Association of Persons) as a going concern via a slump sale. To fund this acquisition, the Board also approved a preferential allotment of up to 12,55,000 fully paid-up equity shares at ₹70 per share (a premium of ₹60), aggregating to ₹8,78,50,000. These shares will be issued to the members of M/s. Jayant Infraprojects as consideration other than cash. The acquisition is a related party transaction involving promoters and promoter group members, conducted on an arm's length basis with an independent fair market valuation. The acquired entity is engaged in railway overhead electrification, electrical contract work, and civil construction. An Extra Ordinary General Meeting (EGM) is scheduled for May 27, 2026, to seek necessary approvals.

Jayant Infratech Ltd's Board of Directors approved the execution of a Business Transfer Agreement for the existing business/undertaking of M/s. Jayant Infraprojects (an Association of Persons) as a going concern via a slump sale. Concurrently, the Board approved a preferential allotment of up to 12,55,000 fully paid-up equity shares at ₹70 each, aggregating to ₹8,78,50,000. These shares will be issued to the members of M/s. Jayant Infraprojects as consideration for the acquisition, which is a related party transaction conducted on an arm's length basis. An Extra Ordinary General Meeting (EGM) is scheduled for May 27, 2026, to seek necessary approvals.