J Kumar Infraprojects Shareholders Approve ₹800 Crore Fundraising via Postal Ballot

J Kumar Infraprojects Ltd has successfully secured shareholder approval for its ₹800 crore fundraising plan through a postal ballot process. The company announced the voting results on December 29, 2025, following the conclusion of the e-voting period on December 27, 2025.

Postal Ballot Results

The shareholders overwhelmingly supported the capital raising proposal with significant participation across all categories:

Category:	Shares Held	Votes Polled	Polling %	Votes in Favor	Approval %
Promoter Group:	3,52,94,866	3,52,94,866	100.00%	3,52,94,866	100.00%
Public Institutions:	2,15,54,142	1,88,64,199	87.52%	1,61,04,277	85.36%
Public Non-Institutions:	1,88,16,498	56,362	0.29%	54,679	97.01%
Total:	7,56,65,506	5,42,15,427	71.65%	5,14,53,822	94.90%

Financial Performance Overview

The company had earlier reported strong quarterly results that supported the fundraising initiative:

Financial Metric:	Amount (₹ Lakhs)
Revenue from Operations:	1,33,696.98
Profit After Tax:	9,146.36

Fundraising Details

The approved fundraising plan encompasses several key features:

Amount: Up to ₹800 crores through equity shares or other eligible securities
Methods: Public and/or private offerings, preferential allotment, and qualified institutional placement
Tranches: Funds may be raised in one or more tranches
Purpose: Capital expenditure, debt repayment, working capital requirements, and general corporate purposes

Voting Process Timeline

The postal ballot process followed a structured timeline:

Milestone:	Date
Postal Ballot Notice:	November 06, 2025
Record Date:	November 14, 2025
E-voting Period:	November 28 - December 27, 2025
Results Declaration:	December 29, 2025

Market Implications

With 54,910 total shareholders on record and strong approval rates across all categories, the successful postal ballot demonstrates investor confidence in the company's growth strategy. The fundraising initiative positions J Kumar Infraprojects to capitalize on opportunities in India's expanding infrastructure sector, particularly given increased government spending on urban development initiatives.

The voting results and scrutinizer's report are available on the company's website and the National Securities Depository Limited's e-voting platform, ensuring transparency in the approval process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.31%	+2.35%	+5.87%	-16.62%	-20.93%	+316.52%

J Kumar Infraprojects Limited, a prominent infrastructure development company, has announced a significant new project win in Mumbai's expanding metro network. The company has received a Letter of Acceptance (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of foot over bridges at several metro stations.

Contract Details

The project, valued at Rs. 129.04 crore (excluding GST), involves the construction of foot over bridges for Mumbai Metro Line 4 and 4A at four key locations:

Pant Nagar Metro Station
Vikhroli Metro Station
Bhandup Metro Station
Vijay Garden Metro Station

J. Kumar Infraprojects will execute this project as part of the J. KUMAR-PRS joint venture, holding a 60% share. This translates to a contract value of Rs. 77.42 crore for J. Kumar Infraprojects.

Project Scope and Timeline

The scope of work includes the construction of foot over bridges at the specified metro stations, which are part of the upcoming Mumbai Metro Line 4 and 4A. These bridges will play a crucial role in enhancing pedestrian connectivity and improving access to the metro stations.

The MMRDA has set a completion timeline of 15 months for this project, highlighting the urgency and importance of these infrastructure developments for Mumbai's public transportation system.

Company Disclosure and Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, J. Kumar Infraprojects has made a formal disclosure to the stock exchanges. The company has confirmed that this contract does not involve any related party transactions or interests from the promoter group.

Market Impact

This new contract win demonstrates J. Kumar Infraprojects' continued involvement in Mumbai's infrastructure development projects. It also underscores the company's expertise in constructing critical components of urban transportation systems.

The addition of this Rs. 77.42 crore project to J. Kumar Infraprojects' order book is likely to be viewed positively by investors, as it contributes to the company's future revenue stream and reinforces its position in the infrastructure sector.

As Mumbai continues to expand its metro network, companies like J. Kumar Infraprojects are playing a vital role in shaping the city's transportation landscape and improving urban mobility for millions of commuters.