AGI Infra , a prominent player in the Indian real estate sector, has announced the launch of its latest residential project, 'Prestige by AGI', in Jalandhar, Punjab. This ambitious development marks a significant expansion in the company's portfolio and aims to cater to the growing housing demand in the region.

Project Highlights

The 'Prestige by AGI' project is set to be a substantial addition to Jalandhar's skyline, featuring six towers that will house a total of 713 residential units. This large-scale development underscores AGI Infra's commitment to meeting the diverse housing needs of the city's population.

Market Implications

The launch of such a sizeable project could have several implications for both AGI Infra and the local real estate market:

1. Market Confidence: The introduction of a project of this scale may indicate AGI Infra's confidence in the Jalandhar real estate market's growth potential.

2. Supply Dynamics: With 713 new units entering the market, this project could significantly impact the supply-demand balance in Jalandhar's residential sector.

3. Economic Impact: The construction and subsequent habitation of this project are likely to generate employment and stimulate local economic activity.

4. Company Growth: For AGI Infra, this project represents a substantial addition to its development portfolio, potentially boosting its market presence and financial performance.

As the project progresses, investors and potential homebuyers will likely keep a close watch on its development and its impact on AGI Infra's stock performance. The success of 'Prestige by AGI' could be a key indicator of the company's future growth trajectory in the competitive Indian real estate market.

AGI Infra Limited , a prominent real estate developer, has secured shareholder approval for a significant related party transaction. The company's stakeholders have given the go-ahead for a ₹325 crore construction contract with AGI Construction Private Limited, marking a major development in the company's ongoing projects.

Key Highlights of the Approved Contract

• Contract Value: The shareholders have approved a construction contract worth up to ₹325.00 crores.
• Related Party: The contract is with AGI Construction Private Limited, a related entity to AGI Infra.
• Project Scope: The agreement covers the construction of buildings for Group Housing Residential Projects.
• Construction Area: The project encompasses an area of 2,796,000 sq. ft.
• Contract Duration: The contract is set to run from the conclusion of the 20th Annual General Meeting until March 31, 2030.

Shareholder Approval Process

The approval for this material related party transaction was obtained during AGI Infra's 20th Annual General Meeting (AGM) held on September 29, 2025. This followed the initial approval by the company's Board of Directors on August 28, 2025.

Voting Results

The resolution for approving the related party transaction received unanimous support from the voting shareholders:

Implications for AGI Infra

This approval marks a significant step for AGI Infra, potentially streamlining its construction processes and leveraging synergies within its corporate structure. The substantial contract value and extended duration until 2030 indicate a long-term strategic move that could impact the company's operational efficiency and project delivery timelines.

Regulatory Compliance

AGI Infra has affirmed that the transaction is being conducted at arm's length, in compliance with regulatory requirements for related party transactions. The company has duly informed the stock exchanges of this development, adhering to the disclosure norms under SEBI regulations.

As AGI Infra moves forward with this newly approved contract, stakeholders will be keen to observe its impact on the company's project execution and financial performance in the coming years.