BR Goyal Infrastructure EGM Approves ₹13.09 Crore Preferential Warrant Issue

BRGIL

Meeting Type: 01/2026-27 Extra-Ordinary General Meeting (EGM)
Date: Monday, 29 June 2026
Scheduled Time: 3:00 PM IST
Actual Commencement: 3:11 PM IST (delayed due to technical issues)
Conclusion Time: 3:20 PM IST
Mode: Video Conferencing/Other Audio Visual Means via Webex Platform
Deemed Venue: Registered office at 3-A, Agrawal Nagar, Indore 425 001, Madhya Pradesh
Quorum: Present as per Section 103 of Companies Act, 2013

Chairman: Mr. Brij Kishore Goyal (DIN: 00012185), Managing Director
Meeting Initiator: Ms. Ritika Jhala, Company Secretary & Compliance Officer (M. No.: A73846)
Scrutinizer: Mr. Ankit Joshi, Practicing Company Secretary
Absent Directors: Mr. Ravindra Karoda and Ms. Khushboo Patodi, Independent Directors (due to prior occupations)

Remote e-voting period: 26 June 2026 (9:00 AM IST) to 28 June 2026 (5:00 PM IST)
Cut-off date for eligibility: 22 June 2026
Voting method: Electronic voting only (no show of hands)
E-voting during meeting: Enabled until 15 minutes after meeting conclusion
Scrutinizer report: To be submitted subsequently

The following special resolutions were approved by shareholders:

Item 1: Preferential Issue of Convertible Warrants

Instrument: Convertible Warrants
Quantity: 11,00,000 (Eleven Lakh) warrants
Face value: ₹10 each
Issue price: ₹119 each (including premium of ₹109 each)
Total amount: ₹13,09,00,000 (Thirteen Crore Nine Lakh)
Allottees: Non-promoters
Conversion terms: Each warrant convertible into one equity share of ₹10 face value at ₹119 each
Legal basis: Sections 23(1)(b), 42, 62(1)(c) of Companies Act, 2013, SEBI (ICDR) Regulations, 2018, SEBI (LODR) Regulations, 2015

Item 2: Borrowing Limits Approval

Item 3: Creation of Charge

Approval for: Creation of charge on movable and immovable properties of the Company
Legal basis: Section 180(1)(a) of Companies Act, 2013