B.R.Goyal Infrastructure Limited concluded its 01/2026-27 Extra-Ordinary General Meeting (EGM) on 29 June 2026, approving key resolutions including the issuance of convertible warrants and the authority to borrow funds beyond specified limits. The meeting, conducted via Video Conferencing, sanctioned the allotment of up to 11,00,000 warrants to non-promoters on a preferential basis, aggregating ₹13,09,00,000. This capital raise aims to bolster the company's financial resources while adhering to regulatory frameworks under the Companies Act, 2013, and SEBI regulations.

The EGM commenced at 3:11 P.M. IST following a brief delay due to technical issues, with the requisite quorum present under Section 103 of the Companies Act, 2013. Ms. Ritika Jhala, Company Secretary and Compliance Officer, initiated the proceedings, and Mr. Brij Kishore Goyal, Managing Director, chaired the meeting. The facility for remote e-voting was available from 26 June 2026 to 28 June 2026, ensuring broad shareholder participation.

Resolutions Passed

Shareholders approved three special resolutions during the meeting. The primary resolution authorized the creation, offer, and allotment of 11,00,000 convertible warrants. Each warrant, with a face value of ₹10, was priced at ₹119, including a premium of ₹109. These warrants are convertible into one equity share each at the same price. The issuance targets non-promoters and is subject to provisions of the Companies Act, 2013, and SEBI (ICDR) Regulations, 2018.

Additionally, the company secured approval to borrow money in excess of limits specified under Section 180(1)(c) of the Companies Act, 2013. The third resolution authorized the creation of charges on the company's movable and immovable properties under Section 180(1)(a) of the Act. These measures provide the board with greater flexibility in managing the company's capital structure and securing assets for future financial requirements.

Meeting Details and Compliance

The meeting was held on the Webex platform, with the registered office in Indore deemed the venue. Mr. Ankit Joshi, Practicing Company Secretary, served as the Scrutinizer for the e-voting process. The company confirmed that no queries were received from shareholders during the session. The proceedings were recorded, and documents referred to in the notice were made available for electronic inspection.

The EGM concluded at 3:20 P.M. IST. The results of the remote e-voting and e-voting conducted during the meeting will be published on the company's website and submitted to BSE Limited in due course.

B.R.Goyal Infrastructure Limited has secured a work order worth ₹13.05 Crore from LNJ Greenpet Private Limited for civil and construction work in Ratlam, Madhya Pradesh. The project, awarded as a Letter of Intent (LOI), involves the execution of infrastructure for a B2B project located at the Mega Smart Industrial Area. The scope of work includes the construction of roads, drains, culverts, and a pond.

The contract value is estimated at ₹13.05 Crore plus applicable Goods and Services Tax (GST). The project is situated at 29-30-31, Mega Smart Industrial Area, Ratlam - 457001, and the entire scope of work is required to be completed within six months from the date of issuance of the Letter of Intent.

Regulatory Disclosures

The disclosure confirms that the promoters, promoter group, or group companies of B.R.Goyal Infrastructure Limited do not hold any interest in LNJ Greenpet Private Limited. Furthermore, the transaction does not fall under related party transactions and is conducted at arm's length. The intimation was submitted to BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Ritika Jhala, Company Secretary and Compliance Officer.

Key Order Details

The following table summarises the key parameters of the awarded contract: