Ganesh Infraworld Limited secured shareholder approval to issue up to 57,12,000 convertible warrants on a preferential basis during its Extraordinary General Meeting (EGM) held on July 2, 2026. The resolution allows the company to raise capital by allotting these instruments to specific investors, a move aimed at bolstering its financial resources. The meeting was conducted via video conferencing in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The EGM, chaired by Vibhoar Agrawal, Chairman and Managing Director cum CEO, commenced at 4:00 P.M. IST with the requisite quorum present. A total of 17 members attended the proceedings through the VC facility provided by MUFG Intime India Private Limited. The company secretary confirmed that the meeting adhered to circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Business Transacted

The primary agenda item involved the Special Business regarding the capital infusion. The details of the resolution passed are as follows:

Shareholders did not raise any queries regarding the proposal during the session. The remote e-voting facility, facilitated by Instavote, was open from June 29, 2026, at 9:00 A.M. until July 1, 2026, at 5:00 P.M. Additionally, e-voting was available for 15 minutes during the meeting itself.

Procedural Compliance

The scrutinizer for the meeting was Mr. Raj Kumar Banthia, a Company Secretary in whole-time practice and Partner of M/s MKB & Associates. The company announced that the detailed voting results and the scrutinizer's report would be submitted to the National Stock Exchange of India and made available on the company’s website within two working days from the conclusion of the EGM. The meeting concluded at 4:32 P.M. IST.

Kandoi Transport Limited, an unlisted subsidiary of ganesh infraworld , approved a 3:1 bonus issue on June 26, 2026. The decision, taken during the subsidiary's board meeting, entails issuing three fully paid-up bonus equity shares for every one existing share held. This move capitalizes the free reserves of Kandoi Transport and follows a share split that reduced the face value of its equity shares from ₹100 to ₹10.

The approval was granted pursuant to the authorization received from the shareholders of Kandoi Transport at its Annual General Meeting held on June 13, 2026. The Board of Directors of Kandoi Transport has authorized the Company Secretary to handle all necessary statutory compliances, filings, and corporate actions required under the Companies Act, 2013, and other applicable laws to complete the allotment process.

Ganesh Infraworld holds 60% of the paid-up equity share capital in Kandoi Transport. The bonus issue pertains solely to the subsidiary's share capital and will not result in any change in Ganesh Infraworld's percentage shareholding or existing equity interest. Consequently, the parent company will not incur any additional investment or cash outflow as a result of this allotment.

The corporate action is not expected to impact the capital structure, shareholding pattern, earnings per share, or any other securities of Ganesh Infraworld. The disclosure was made to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Bonus Issue