AVP Infracon Limited — Others, 12-08-2025: Shareholders meeting
12-08-2025 | 07:08 pm
12-08-2025 | 07:08 pm
AVP Infracon has called an Extra-Ordinary General Meeting (EGM) on September 4, 2025, to boost its financial firepower. The company plans to increase authorized capital from Rs. 25 Cr to Rs. 35 Cr. Shareholders will vote on issuing 22 lakh convertible warrants at Rs. 200 each, raising up to Rs. 44 Cr for expansion and working capital. Plus, a Qualified Institutions Placement (QIP) for up to Rs. 110 Cr is proposed to fund future growth and operational strength. This strategic move aims to accelerate business plans.
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