Telge Projects Ltd

Telge Projects Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Friday, October 23, 2026, at 11:00 a.m. IST via Video Conference. The primary agenda items include a proposal to increase the company's authorized share capital from ₹10 Crore to ₹15 Crore and to issue warrants convertible into equity shares to the promoter group on a preferential basis. The meeting will also address amendments to the Memorandum of Association. E-voting will be open from October 20 to October 22, 2026, with a cut-off date of October 16, 2026, for eligibility.

Telge Projects Ltd announced the approval of a preferential issue of equity shares and convertible warrants by its Board of Directors on September 28, 2026. The issue is priced at ₹229 per convertible warrant, with a floor price of ₹228.08 determined as per ICDR Regulations. The warrants are convertible into equity shares of face value ₹10 each and are being issued to members of the promoter group: Mr. Shailesh Uttam Telge, Mr. Vishal Uttam Telge, and Mrs. Shobha Uttam Telge. This move aims to raise capital and strengthen the promoter group's stake.

Telge Projects Ltd announced that its Board of Directors has approved an increase in the company's authorized share capital. The capital will be raised from ₹10 crore to ₹15 crore by creating an additional 50 lakh equity shares of ₹10 each. This move is subject to shareholder approval and will involve altering the Memorandum of Association. The company will initiate steps to obtain shareholder consent and will submit the notice for the shareholders' meeting to the stock exchanges in due course.

Telge Projects Ltd's Board of Directors has considered and approved the issue of up to 5,67,686 convertible warrants on a preferential basis. Each warrant is convertible into one equity share of face value ₹10 at a price of ₹229. The total issue size is approximately ₹13.00 crore. The company also proposed an increase in authorized share capital from ₹10 crore to ₹15 crore. An extraordinary general meeting is scheduled for October 23, 2026, to seek shareholder approval for these proposals. The issue is not expected to result in any change in control or management.

Telge Projects Ltd's Board of Directors has approved a preferential issue of up to 5,67,686 convertible warrants at ₹229 each, aggregating to ₹13,00,00,094. This issue is subject to shareholder approval at an upcoming EGM scheduled for October 23, 2026. The company also proposed an increase in its authorized share capital from ₹10 crore to ₹15 crore. The preferential issue will not result in any change in control or management of the company. Investors have provided a commitment letter to subscribe to the warrants.

Telge Projects Limited has announced a closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for all insiders, including directors, connected persons, and designated employees, from October 1, 2026, until 48 hours after the conclusion of the Board Meeting. This meeting is scheduled to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ending September 30, 2026. The exact date of the board meeting will be communicated separately. During this period, no transactions involving the company's equity shares or securities are permitted for these individuals and their immediate relatives.

Telge Projects Ltd has announced a Board of Directors meeting scheduled for September 28, 2026. The primary agenda item is to consider and approve proposals for raising funds through various instruments such as equity shares, warrants, preferential issues, private placements, or rights issues. The company will also seek member approval for these fund-raising activities and related ancillary actions. Additionally, the trading window for the company's securities will be closed until 48 hours after the board meeting concludes, in compliance with SEBI regulations on insider trading.

Telge Projects Limited announced that its material subsidiary, Telge Global Inc., has entered into an agreement to acquire 100% of U.S.-based Wheaton Detailing Services, Inc. (WDS Inc.). This acquisition marks Telge's strategic entry into the industrial, petrochemical, and commercial structural steel markets in the U.S., expanding its addressable market. WDS Inc. specializes in structural steel detailing and steel design services. The move is expected to provide access to new customer segments, broaden service offerings, and leverage cross-selling opportunities, deepening Telge's presence in the U.S. structural engineering market.

Telge Projects Ltd's material subsidiary, Telge Global Inc., has entered into a Share Purchase Agreement (SPA) to acquire 100% of Wheaton Detailing Services, Inc. (WDS Inc.) for US $85,000. The acquisition is subject to conditions precedent. Telge Projects Ltd is not a direct party to the agreement, but upon completion, WDS Inc. will become a step-down subsidiary. The transaction aims to expand Telge Global Inc.'s business into structural steel detailing and design services in the USA.

Telge Projects Limited has submitted an exchange letter providing the web link and exact path to access its 9th Annual General Meeting (AGM) Notice and the Annual Report for the Financial Year 2025-26. This is in compliance with SEBI regulations for shareholders whose email addresses are not registered. The AGM is scheduled for September 15, 2026. E-voting details are also provided, with the cut-off date on September 11, 2026, and voting open from September 12 to September 14, 2026. Shareholders can request physical copies via email.