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Jayant Infratech LtdImportant, 27-04-2026: Company Update

27-04-2026 · 07:52 pm

Jayant Infratech's board has approved acquiring M/s. Jayant Infraprojects, an Association of Persons involved in railway electrification and civil construction, via a slump sale. This strategic move aims to enhance operational capabilities and support long-term growth. The acquisition involves a preferential issue of 12.55 lakh equity shares at Rs. 70 each, totaling 8.785 Cr, to the AOP members as a share swap. The company has announced an Extra Ordinary General Meeting on May 27 for shareholder approval. This transaction, involving related parties, was supported by an independent fair market valuation.

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