ALPHA TRIBE

Vishnusurya Projects and Infra LimitedOthers, 22-07-2025: Shareholders meeting

22-07-2025 | 06:39 pm

Vishnusurya Projects is seeking shareholder approval through e-voting for two significant related party transactions. The first involves contracts up to ₹50 Cr with Agni Estates and Foundations, an entity with common promoters, for property dealings and land maintenance, leveraging their established expertise in large-scale infrastructure projects. The second transaction, valued up to ₹25 Cr, is with Garuda Aerospace for drone and surveillance services. This aims to enhance efficiency and reduce costs in mapping extensive project areas for water, marine, and road infrastructure. Both transactions are considered to be at arm's length and in the ordinary course of business, having been reviewed and cleared by the Audit Committee. Related parties will abstain from voting.

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