Ganesh Infraworld Limited Allots Convertible Warrants, Fixes AGM Date and Record Date
Ganesh Infraworld Limited has announced key outcomes from its Board meeting held on July 14, 2026, including the allotment of Convertible Warrants and setting the schedule for its upcoming Annual General Meeting (AGM). The company also designated a record date related to dividend entitlement.The Board approved the preferential allotment of 52,32,800 Convertible Warrants to various non-promoter entities. Each warrant was issued at an issue price of ₹90 per warrant, while the face value was set at ₹5 per warrant. The issuance carried a premium of ₹85 per warrant.
The total amount for the allotment of these warrants was aggregated at ₹47,09,52,000. The company reported receiving 25% of the required warrant issue price, amounting to ₹11,77,38,000, from the eligible allottees during the subscription process.
The allotment was made following shareholder approval received at an Extra-Ordinary General Meeting held on July 2, 2026.
Warrant Conversion and Tenure Details
Each Convertible Warrant carries the entitlement to subscribe to and be allotted one fully paid-up Equity Share of face value ₹5 per share. Warrants can be exercised in one or more tranches at any time before their expiry date. The tenure for exercising the warrants is set at 18 months from the date of allotment.In the event that a warrant holder does not exercise the conversion option within this 18-month period, the unexercised warrants will lapse, and the amount paid on those warrants will be forfeited by the company. Upon conversion, the equity shares allotted to the warrant holders will rank pari passu with the existing Equity Shares of Ganesh Infraworld Limited.
Annual General Meeting and Dividend Entitlement
The Board meeting also set critical dates related to member entitlements and general meetings. The Third Annual General Meeting (AGM) of the company's members has been scheduled for Monday, August 10, 2026, which will be conducted through Video Conferencing or other Audio-Visual means.For the purpose of determining member entitlement to receive a dividend for the financial year ended March 31, 2026, Monday, August 3, 2026, has been fixed as the Record Date. Should the dividend be approved by shareholders at the AGM, payment is scheduled on or before Tuesday, September 8, 2026, subject to applicable tax deduction at source.
Investor Details and Shareholding Structure
The allotment of the Convertible Warrants was made across 12 investors. The following table details the number of equity shares allocated to each entity:| Name | Category | No. of Equity Shares |
|---|---|---|
| Ms. Aadhya Ashok Agrawal | Non-Promoter | 109,600 |
| Mr. Vinod Shyam Sunder Jaju | Non-Promoter | 49,600 |
| Mr. Akhil Shyamsunder Mundhra | Non-Promoter | 100,000 |
| M/s. Prosurge Advisors LLP | Non-Promoter | 49,600 |
| M/s. Annso Capital Private Limited | Non-Promoter | 149,600 |
| Mr. Mahendra Lalji Gala | Non-Promoter | 49,600 |
| M/s. Stellant Securities (India) Ltd | Non-Promoter | 2,000,000 |
| M/s. Pavankumar Sanwaria Realty Private Limited | Non-Promoter | 124,800 |
| Mr. Arun Kumar Bhawsinka | Non-Promoter | 500,000 |
| Mr. Navin Kandoi | Non-Promoter | 700,000 |
| Mr. Ganesh Kandoi | Non-Promoter | 700,000 |
| M/s. Bluemount Exports Private Limited | Non-Promoter | 700,000 |
| Total | 52,32,800 |
The table below provides the post allotment shareholding details for the investors:
| Name of Investors | Convertible Warrants Allotted | Post Issue of Equity Shares (Assuming full Conversion) | % of Shareholding |
|---|---|---|---|
| Ms. Aadhya Ashok Agarwal | 109,600 | 109,600 | 0.23% |
| Mr. Vinod Shyam Sunder Jaju | 49,600 | 51,200 | 0.11% |
| Mr. Akhil Shyamsunder Mundhra | 100,000 | 100,000 | 0.21% |
| M/s. Prosurge Advisors LLP | 49,600 | 49,600 | 0.10% |
| M/s. Annso Capital Private Limited | 149,600 | 149,600 | 0.31% |
| Mr. Mahendra Lalji Gala | 49,600 | 49,600 | 0.10% |
| M/s. Stellant Securities (India) Ltd | 2,000,000 | 2,000,000 | 4.17% |
| M/s. Pavankumar Sanwaria Realty Private Limited | 124,800 | 124,800 | 0.26% |
| Mr. Arun Kumar Bhawsinka | 500,000 | 500,000 | 1.04% |
| Mr. Navin Kandoi | 700,000 | 700,000 | 1.46% |
| Mr. Ganesh Kandoi | 700,000 | 700,000 | 1.46% |
| M/s. Bluemount Exports Private Limited | 700,000 | 700,000 | 1.46% |
| Total | 52,32,800 | 52,34,400 | 10.92% |
GANESHIN Stock Price Movement
As of 2:58 PM, shares of Ganesh Infraworld Limited are shedding 1.52% in live trading, with the equity currently priced at ₹90.8 after slipping by ₹1.40. The stock traded within an intraday range spanning from a low of ₹90.6 to a high of ₹93.0.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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