Ishaan Infrastructures and Shelters Ltd — Important, 29-08-2026: Company Update
29-08-2026 | 07:16 pm
29-08-2026 | 07:16 pm
Ishaan Infrastructures' board has approved a significant strategic expansion. The company will acquire 100% of Blisstering Electronics and Bliss Cab Electronics, valued at ₹79.45 Cr, via a share swap, issuing 5.68 Cr new shares at ₹14 each. Blisstering Electronics reported ₹164.69 Cr turnover, and Bliss Cab ₹1.31 Cr, signaling Ishaan's entry into electronic components and cables. The board also increased authorized share capital to ₹64.00 Cr, appointed new statutory and secretarial auditors, and a new independent director following multiple resignations. An executive director also transitioned to a non-executive role.
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