Mega Nirman & Industries has undergone a significant change in its shareholding structure as M.D.S. Infrastructure Private Limited acquired a substantial stake through warrant conversion.

Acquisition Details

M.D.S. Infrastructure Private Limited has converted 20,00,000 warrants into equity shares of Mega Nirman & Industries, resulting in a 7.80% shareholding. The warrants, initially allotted on August 6, 2025, at Rs. 15 per warrant, have been converted into equity shares with a face value of Rs. 10 each.

Impact on Share Capital

Following this acquisition, Mega Nirman & Industries has seen a substantial increase in its total equity share capital:

The conversion of warrants has led to an increase of 70,55,557 shares in the company's total equity share count.

Acquisition Mode and Timing

The acquisition was executed through a preferential allotment of warrants convertible to equity. The date of allotment for these warrants was August 6, 2025, with each warrant carrying the right to subscribe to one equity share upon payment of Rs. 15 per warrant.

Acquirer Status

M.D.S. Infrastructure Private Limited is not part of the promoter group of Mega Nirman & Industries. This acquisition represents a significant investment by an external entity in the company.

Market Listing

The equity shares of Mega Nirman & Industries are listed on the Bombay Stock Exchange (BSE), providing liquidity and trading opportunities for investors.

Regulatory Compliance

The acquisition has been reported in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. M.D.S. Infrastructure Private Limited, represented by Director Dipak Pal, has duly submitted the required disclosures to the BSE.

This strategic move by M.D.S. Infrastructure Private Limited signifies a notable change in Mega Nirman & Industries' ownership structure, potentially influencing the company's future direction and operations.

Mega Nirman & Industries Limited , an EV charging solutions provider, has issued a revised annual report for the financial year 2024-25, correcting clerical errors in the earlier version. The company has requested that this updated report be considered the official version.

Financial Performance

The company reported a significant turnaround in its financial performance for FY 2024-25:

This marks a substantial improvement from the previous year when the company posted a loss of Rs 534.13 lakhs.

Business Operations

Mega Nirman & Industries operates in the electric vehicle charging infrastructure sector. The company offers:

• AC and DC chargers for individual and commercial use
• Installation and maintenance services
• App-based solutions for locating and managing charging stations

Corporate Actions

The company has announced several key corporate actions:

1. The 42nd Annual General Meeting is scheduled for August 26, 2025.
2. Proposed increase in authorized share capital from Rs 50 crores to Rs 60 crores.
3. Approval sought for a rights issue of up to Rs 50 crores.
4. Appointment of Mrs. Anubha Chauhan as a Non-Executive Independent Director for a term of five years, from July 7, 2025, to July 6, 2030.
5. Appointment of M/s Chandan J & Associates as Secretarial Auditors for a period of 5 consecutive years.

Share Warrants Conversion

The company has made significant progress in converting previously issued share warrants:

• On July 7, 2025, 72,77,776 equity shares were allotted upon conversion of warrants.
• On July 25, 2025, an additional 86,66,667 equity shares were allotted upon warrant conversion.

These conversions have resulted in an increase in the company's paid-up capital to Rs 19,29,19,430, consisting of 1,92,91,943 equity shares of Rs 10 each.

Management Commentary

Ankan Gupta, Executive Director of Mega Nirman & Industries Limited, stated, "We are driven by a singular vision — to power India's transition to clean, efficient, and accessible electric mobility. With continuous investment in innovation, smart technology, and strategic partnerships, we aim to expand our footprint and install more charging stations in key urban and rural locations."

The company's focus on EV charging infrastructure aligns with the growing demand for electric vehicles in India and the government's push for cleaner transportation alternatives.

Investors and stakeholders are advised to refer to the revised annual report for detailed financial information and future strategies of the company.