A B Infrabuild Limited — Board Meeting, 25-11-2024: Outcome of Board Meeting

The Board has approved a rights issue for fully paid-up equity shares to existing shareholders, with a maximum value not exceeding ₹40 Crore. A Rights Issue Committee has also been established to finalize the terms, including issue size, entitlement ratio, and pricing. This move indicates the company’s strategy to raise capital, enhancing its financial flexibility and supporting potential growth initiatives.