Dhenu Buildcon Infra Ltd — Important, 27-12-2025: Company Update
27-12-2025 | 12:46 pm
27-12-2025 | 12:46 pm
Dhenu Buildcon Infra Limited's Board has approved the allotment of approximately 591.55 Crore equity shares to six non-promoter entities. This preferential allotment converts outstanding unsecured loans amounting to roughly Rs. 840 Crore into equity at an issue price of ₹1.42 per share. This strategic move reduces the company's debt burden by strengthening its balance sheet and bringing in new non-promoter investors, though it will lead to dilution for existing shareholders.
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