GHV Infra Projects Ltd — Others, 05-06-2025: AGM/EGM

GHV Infra Projects Limited has announced a board meeting to consider several key approvals. These include entering into material related party transactions with GHV (India) Private Limited (up to ₹15,000 Cr), GHV-MHK JV (up to ₹300 Cr), NPIPL-GHV JV (up to ₹300 Cr), and M/s. Kedareshwar Infrastructure Developers Pvt Ltd (up to ₹300 Cr) for various construction and project-related activities. The company seeks shareholder approval for ratifying a certificate related to its name change, authorizing loans, investments, guarantees, or securities up to ₹1,000 Cr, increasing borrowing limits to ₹1,000 Cr, and creating charge/mortgage on company assets. It also proposes preferential issuance of up to 38.5 lakh convertible warrants priced at ₹400 each, aggregating ₹154 Cr, primarily to promoters and select non-promoter investors, with proceeds aimed at working capital, infrastructure expansion, and business growth. Additionally, it plans to issue up to 16,000 secured, unrated optionally convertible debentures worth ₹160 Cr to non-promoter investors, carrying 18% interest and convertible at a pre-money valuation linked to EBITDA. Lastly, the company seeks approval to enable lenders to convert outstanding loans into equity shares under agreed terms. These measures aim to support business funding, expansion, and financial restructuring, with related-party transactions conducted at arm’s length and in the ordinary course of business.