Infra Industries Ltd Receives Listing Approval for 43 Lakh Equity Shares Post Resolution Plan
Infra Industries Ltd has secured listing approval from BSE Limited for a total of 43,83,316 equity shares of ₹10/- each. These shares were allotted pursuant to a Resolution Plan that was approved by the National Company Law Tribunal (NCLT), Mumbai Bench, on March 21, 2023. The approval process involved subsequent orders from the National Company Law Appellate Tribunal (NCLAT), New Delhi Bench, dated July 15, 2025 and May 04, 2026.The approved equity shares are slated for admission to trading on BSE upon completion of all necessary formalities.
Details regarding the allotment of these equity shares stand as follows:
| Particulars | Number of Shares |
|---|---|
| Equity shares allotted pursuant to reduction of capital through approved resolution plan | 2,33,316 |
| Equity shares allotted to the Successful Resolution Applicant on preferential basis pursuant to the Resolution Plan | 41,50,000 |
| Total | 43,83,316 |
The listing approval pertains to these equity shares totaling 43,83,316 units, each valued at ₹10/-. The allotment was executed in line with the judicial process involving the NCLT and NCLAT orders related to the company’s resolution plan.
Stock Price Movement
Infra Industries Ltd settled on Friday at ₹9.50, dipping 4.90% as trading concluded.The stock experienced significant intraday volatility, having ranged between a low of ₹9.50 and an intra-day high of ₹10.48.
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