AVP Infracon Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

AVP Infracon's board has adjusted its preferential warrant issue. Sridhar K, a proposed allottee for 2 lakh warrants, was replaced by D Manish Galada after being disqualified for transferring company shares within 90 days of the relevant date. Despite this change, AVP Infracon will proceed to issue 22 lakh fully convertible warrants at Rs. 200 each, securing Rs. 44 crore. This crucial fundraising includes Rs. 30 Cr from a promoter and Rs. 14 Cr from non-promoter investors, aiming to strengthen the company's financial foundation.