Kridhan Infra Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting

Kridhan Infra has announced a board meeting to approve a preferential issue of up to 10.27 crore equity shares and/or convertible warrants at a minimum price of Rs 4 each. The fundraise will involve 11 investors, including promoters and select non-promoter individuals and LLPs. The company is also set to conduct a postal ballot to get shareholder approval for this capital infusion, aimed at bolstering the balance sheet and fueling growth initiatives.