Jayant Infratech Ltd — Important, 27-04-2026: Company Update
27-04-2026 · 07:53 pm
Jayant Infratech's Board approved acquiring the remaining 70% stake in M/s. Jayant Infraprojects, an entity engaged in railway electrification and civil construction, via a slump sale. This will boost operational capabilities and long-term growth, making Jayant Infraprojects a wholly-owned entity. To fund this, the Board also approved a preferential issue of 12.55 lakh shares at Rs. 70 each, totaling 8.785 Cr. These shares will be swapped with the target entity's members for their stake. An Extra Ordinary General Meeting will be held on May 27 to seek shareholder approval for these proposals.
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