AGI Infra Limited Files Prior Intimation for Promoter Group Share Transfer Through Gift

2 min read     Updated on 20 Feb 2026, 10:35 AM
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Reviewed by
Shriram SScanX News Team
Overview

AGI Infra Limited has submitted formal prior intimation to stock exchanges for a proposed inter-se transfer of 2,15,60,000 equity shares (17.65%) to Harbans Kaur from promoter group members through gift transfer. The company has also filed comprehensive encumbrance disclosures confirming no encumbrances on promoter group shares for financial years 2023, 2024, and 2025.

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AGI Infra Limited has filed formal regulatory documents with BSE Limited and National Stock Exchange regarding a proposed acquisition of equity shares through gift transfer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involves an inter-se transfer within the promoter group scheduled for execution on or after February 26, 2026.

Formal Regulatory Filing Details

The company submitted the prior intimation on February 19, 2026, through email to both stock exchanges. The filing includes comprehensive disclosures under Regulation 10(5) of SEBI Takeover Regulations for the proposed acquisition by way of gift.

Parameter Details
Filing Date Feb 19, 2026
Acquirer Smt. Harbans Kaur
Relationship Mother of Mr. Bikramjit Singh and Mr. Ranjit Singh
Proposed Date On or after Feb 26, 2026
Total Shares 2,15,60,000 Equity Shares
Voting Rights 17.65% of Target Company
Consideration Nil (Gift transfer)

Share Transfer Breakdown

The proposed transaction involves shares from two promoter group members being transferred to Harbans Kaur at nil consideration as an inter-se transfer between immediate relatives.

Transferor Shares to be Transferred Percentage
Mr. Bikramjit Singh 34,30,000 Equity Shares 2.81%
Mr. Ranjit Singh 1,81,30,000 Equity Shares 14.84%
Total 2,15,60,000 Equity Shares 17.65%

Shareholding Pattern Changes

The transaction will result in changes to individual shareholdings while maintaining overall promoter group holdings at 72.94%.

Shareholder Before Transaction After Transaction
Harbans Kaur Nil (0.00%) 2,15,60,000 shares (17.65%)
Bikramjit Singh 34,30,000 shares (2.81%) Nil (0.00%)
Ranjit Singh 1,81,30,000 shares (14.84%) Nil (0.00%)
Others in Promoter Group 6,75,54,100 shares (55.30%) 6,75,54,100 shares (55.30%)
Total Promoter Group 8,91,14,100 shares (72.94%) 8,91,14,100 shares (72.94%)

Regulatory Compliance and Market Price

The company has declared compliance with all conditions specified under Regulation 10(1)(a) of the Takeover Regulations regarding exemptions. The shares are frequently traded, with a volume weighted average market price of Rs. 271.12 for the 60 trading days preceding the notice date. The acquirer has confirmed that both transferor and transferee have complied with applicable disclosure requirements under Chapter V of the Takeover Regulations during the three years prior to the proposed acquisition.

Encumbrance Disclosures

AGI Infra Limited has filed comprehensive encumbrance disclosures under regulation 31(4) of SEBI Takeover Regulations for multiple financial years. Salwinderjit Kaur, representing the promoters and promoter group, has declared no encumbrances on equity shares held by the promoter group during the financial years ended March 31, 2023, March 31, 2024, and March 31, 2025.

Promoter Group Members Category
Sukhdev Singh Khinda Promoter
Salwinderjit Kaur Promoter
Bikramjit Singh Promoter Group
Ranjit Singh Promoter Group
Abhijit Singh Khinda Promoter Group

Historical Stock Returns for AGI Infra

1 Day5 Days1 Month6 Months1 Year5 Years
+3.75%+13.82%-1.56%+15.43%+68.47%+209.30%

AGI Infra Limited Launches Urbana Square Commercial Project in Jalandhar

1 min read     Updated on 08 Jan 2026, 01:12 AM
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Reviewed by
Jubin VScanX News Team
Overview

AGI Infra Limited launched Urbana Square, a commercial project in Village Pholriwal, Jalandhar, Punjab on January 03, 2026. The development features 142 commercial shops and 218 office spaces, totaling 360 units. The project is registered with Punjab's Real Estate Regulatory Authority and targets both domestic and international markets, with bookings commencing from the launch date.

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AGI Infra Limited has announced the launch of its new commercial project, Urbana Square, marking a significant expansion in the company's real estate portfolio. The project was officially launched on January 03, 2026, in Village Pholriwal, Jalandhar, Punjab.

Project Overview

Urbana Square represents a comprehensive commercial development designed to cater to diverse business needs. The project has received regulatory approval from the Real Estate Regulatory Authority of Punjab, ensuring compliance with industry standards and regulations.

Parameter: Details
Project Name: Urbana Square
Launch Date: January 03, 2026
Location: Village Pholriwal, Jalandhar, Punjab
Category: Commercial
RERA Registration: PBRERA-JAL33-PC0397
Registration Date: December 24, 2025

Development Specifications

The commercial project features a well-planned mix of retail and office spaces to accommodate various business requirements. The development comprises two distinct categories of commercial units designed to serve different market segments.

Unit Type: Quantity
Commercial Shops: 142 units
Office Spaces: 218 units
Total Units: 360 units

Market Positioning and Booking Details

AGI Infra Limited has positioned Urbana Square to serve both domestic and international markets, reflecting the company's strategic approach to commercial real estate development. The project booking process commenced simultaneously with the launch on January 03, 2026.

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This regulatory compliance demonstrates the company's commitment to transparency and adherence to disclosure requirements for listed entities.

Strategic Location Advantage

The project's location in Jalandhar, Punjab, positions it strategically within one of the state's key commercial centers. Village Pholriwal offers accessibility and growth potential for businesses looking to establish their presence in the region. The commercial nature of the project aligns with the growing demand for modern retail and office spaces in tier-II cities across India.

Historical Stock Returns for AGI Infra

1 Day5 Days1 Month6 Months1 Year5 Years
+3.75%+13.82%-1.56%+15.43%+68.47%+209.30%

More News on AGI Infra

1 Year Returns:+68.47%