Mason Infratech Limited — Others, 23-06-2025: Shareholders meeting

Mason Infratech Limited has announced a board meeting to consider the increase of its authorised share capital from Rs. 24 Cr to Rs. 25 Cr. The company plans to raise Rs. 91.36 Cr through preferential allotment of 49,59,500 equity shares and 24,08,000 fully convertible warrants at Rs. 124 per share/warrant. Proceeds will fund ongoing projects, new ventures, machinery purchase, strategic investments, and working capital, with a significant portion earmarked for corporate expenses. The allotment includes both promoter and non-promoter investors, with no change in company control expected. Additionally, Ms. Anuradha Sangeeta Parmar has been appointed as an Independent Woman Director for five years, enhancing corporate governance. The EGM will be held via video conferencing.