Likhitha Infrastructure Limited accepted the resignation of Mrs. Pallavi Yerragonda from the post of Company Secretary and Compliance Officer effective July 11, 2026. The resignation, tendered to pursue other career opportunities, was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company informed BSE Limited and the National Stock Exchange of India Ltd. that the cessation of duties occurred at the close of business hours on July 11, 2026. The disclosure was made in compliance with SEBI Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

The filing provided specific details regarding the change in the Key Managerial Personnel (KMP). The resignation was formally accepted by the Managing Director, Srinivasa Rao Gaddipati.

In her resignation letter addressed to the Board of Directors, Mrs. Yerragonda expressed gratitude for the support and cooperation extended during her tenure. The company has acknowledged the receipt of the letter and placed it on record.

Likhitha Infrastructure Limited has scheduled an Extraordinary General Meeting (EGM) on July 22, 2026, to seek shareholder approval for raising up to ₹60,00,00,000 through the preferential allotment of convertible warrants. The company also proposes to regularise the appointment of two Executive Directors, Mr. Chandra Dheerajram and Mrs. Lohitha Gaddipati, for a five-year term. The meeting will be conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM).

The Board of Directors approved the proposal to issue up to 25,00,000 warrants, each convertible into one fully paid-up equity share with a face value of ₹5. The warrants will be issued at a price of ₹240 per warrant, comprising an upfront payment of 25% (₹60) and the balance 75% (₹180) payable upon exercise. The warrants can be exercised within 18 months from the date of allotment. The issue aims to augment capital expenditure and working capital requirements, with ₹54,00,00,000 earmarked for capital expenditure and ₹6,00,00,000 for working capital.

Preferential Allotment Details

The warrants will be allotted to 21 proposed allottees, including promoters and non-promoters. Promoter Likhitha Gaddipati and Promoter Group member Lohitha Gaddipati are proposed to receive 3,25,000 and 3,00,000 warrants respectively. The issue price of ₹240 is higher than the floor price determined as per SEBI ICDR Regulations, which was calculated based on the volume weighted average price (VWAP) of the company's equity shares on the National Stock Exchange.

Director Appointments

The EGM will seek shareholder approval to regularise the appointment of Mr. Chandra Dheerajram (DIN: 11108257) and Mrs. Lohitha Gaddipati (DIN: 11108258) as Executive Directors. Both were appointed as Additional Directors by the Board on June 22, 2026. Their tenures are proposed to extend for five years, concluding on June 21, 2031. Mr. Chandra Dheerajram will be eligible for a salary not exceeding ₹1,20,00,000 per annum, while Mrs. Lohitha Gaddipati will be eligible for a salary not exceeding ₹18,00,000 per annum, along with applicable perquisites and allowances.

Voting and Meeting Details

Remote e-voting will be available from July 19, 2026, at 09:00 a.m. to July 21, 2026, at 05:00 p.m. Shareholders holding shares as on the cut-off date of July 15, 2026, are eligible to vote. The facility of e-voting will also be available during the EGM. Bigshare Services Private Limited has been appointed to facilitate the e-voting process. The notice of the EGM is available on the company's website.