SPML Infra convenes EGM on May 16, 2026, to seek shareholder approval for three preferential issuance resolutions.
Proposes to raise ₹183.18 crore via fresh equity and warrants, and ₹71.58 crore via loan-to-equity conversion with NARCL.
Funds will finance BESS capacity expansion to 5 GWh, a container unit, and meet working capital requirements for ongoing projects.
EGM will be held virtually via VC/OAVM, with remote e-voting managed by NSDL from May 13-15, 2026.