Atv Projects has taken a significant step towards unlocking the value of its unutilized land assets. The company recently announced that it has entered into a Memorandum of Understanding (MoU) with Shri Vrinda Infracon Private Limited for the development of unused land at ATV Nagar, Mathura.

Key Highlights of the Agreement

• The MoU was signed following shareholder approval obtained during the Annual General Meeting held on August 16, 2025.
• The agreement focuses on developing unutilized land situated at ATV Nagar, Mathura.
• Shri Vrinda Infracon Private Limited has been chosen as the development partner for this project.

Transaction Details

• The parties involved in this agreement are not related to the promoter, promoter group, or group companies of ATV Projects India.
• The transaction does not fall under the category of related party transactions, ensuring transparency and arm's length dealings.

Regulatory Compliance

ATV Projects India has adhered to the regulatory requirements by making this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the following additional information:

• The MoU and accompanying term sheet were executed on August 28, 2025.
• ATV Projects India does not hold any shareholding in Shri Vrinda Infracon Private Limited.
• The agreement does not involve any special rights such as board appointments or share subscription privileges.

Future Steps

The company has stated that it will inform the Bombay Stock Exchange (BSE) once the Development Agreement is executed, which will likely provide more detailed terms of the land development project.

This strategic move by ATV Projects India appears to be aimed at optimizing its land assets and potentially creating additional value for shareholders. The development of the Mathura land could open up new opportunities for the company, although specific details of the project are yet to be disclosed.

Investors and stakeholders will be keenly watching for further updates on this development, as it could have significant implications for the company's future growth and asset utilization strategies.

Atv Projects Limited has received shareholder approval for a significant financial move that could potentially strengthen its capital base. The company's 38th Annual General Meeting (AGM), held on August 16, 2025, saw shareholders green-light a special resolution for the issuance of convertible warrants on a preferential basis to a promoter entity.

Key Details of the Warrant Issue

Terms of the Warrant Issue

The warrants come with specific terms that balance immediate capital infusion with future equity conversion:

• Conversion Period: 18 months from the date of allotment
• Payment Structure:
  • 25% upfront payment required
  • Remaining 75% due upon conversion to equity shares
• Lock-in Period: 18 months for promoters from the date of trading approval (applicable to resulting equity shares)

Significance of the Move

This preferential allotment represents a strategic financial decision for ATV Projects India. By raising Rs 102.00 crore through this mechanism, the company is set to bolster its financial position. The involvement of a promoter entity in this fundraising effort may be seen as a sign of confidence in the company's future prospects.

Regulatory Compliance

The company has meticulously followed regulatory procedures:

• Obtained in-principle approval for the warrant allotment
• Passed a special resolution at the AGM held on August 16, 2025
• Set July 17, 2025, as the relevant date for calculating the minimum price of the warrants

Other AGM Proceedings

The 38th AGM, conducted through video conferencing, also saw the passage of several other resolutions:

• Adoption of financial statements for the year ended March 31, 2025
• Re-appointment of directors, including Mr. H. C. Gupta
• Re-appointment of key personnel such as Mr. Arun Kumar Sharma as Whole Time Director
• Appointment of M/s ND & Associates as Secretarial Auditor for a 5-year term

Market Implications

This move by ATV Projects India Limited demonstrates a proactive approach to capital management. The preferential allotment to a promoter entity could be interpreted as a positive signal, potentially indicating management's faith in the company's growth trajectory.

Investors and market watchers will likely keep a close eye on how the company utilizes these funds and the impact on its financial performance in the coming quarters.

As the warrant conversion unfolds over the next 18 months, it will be crucial to monitor how this capital infusion translates into operational and financial outcomes for ATV Projects India Limited.