ALPHA TRIBE

Shantidoot Infra Services LtdImportant, 31-03-2026: Company Update

31-03-2026 | 06:34 pm

The company's board approved increasing the authorized share capital from ₹3 Cr to ₹13 Cr, subject to shareholder approval. It also cleared raising up to ₹12 Cr through a rights issue to eligible shareholders. Additionally, the board approved a material related party transaction to revise the Gautam Medical College & Hospital project cost from ₹242 Cr to ₹273 Cr, due to an additional hostel block area. These key financial and operational decisions, including the capital increase and fund-raising, aim to support growth and expansion. An Extra Ordinary General Meeting will be called for shareholder approvals.

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