HEC Infra Projects Limited — Others, 13-02-2025: Shareholders meeting

HEC Infra Projects Limited has announced a board meeting on March 8, 2025, to discuss several important matters. The agenda includes a proposed preferential issue of up to 7,00,000 equity shares to Mr. Rahul Gaurang Shah, a promoter, at an issue price of ₹129 per share, aggregating ₹9.03 crore for enhancing working capital needs. Additionally, the board seeks shareholder approval for the reappointment of Mr. Gaurang P. Shah as Managing Director, Ms. Rupal G. Shah’s elevation to Whole-Time Director, and Mr. Rahul G. Shah’s elevation to Executive Director for three years. Furthermore, the appointment of Mr. Yash H. Mehta, Mr. Ronak A. Mehta, and Ms. Rajkumari R. Udhwani as Independent Directors is also on the agenda, highlighting the company’s governance strengthening initiatives. This could provide a positive outlook for investors, reflecting proactive management and growth strategy.