Likhitha Infrastructure Board Approves Preferential Issue of Warrants and Appoints Two New Executive Directors

Likhitha Infrastructure Board Approves Preferential Issue of Warrants and Appoints Two New Executive Directors​

Likhitha Infrastructure Limited finalized several key corporate actions during its Board of Directors meeting held on Monday, June 22, 2026. The company approved the offer and issuance of convertible warrants through a preferential private placement route, while also welcoming two new individuals as Additional Executive Directors.

The board's decisions centered around raising capital and strengthening corporate governance with the appointment of new management leadership.

Warrants Issue Details​

Likhitha Infrastructure announced plans to raise funds by offering up to 25,00,000 Fully Convertible Warrants (Warrants). These warrants are designed to be fully convertible into a single Equity Share of the company at the option of the Proposed Allottees.

The details of the preferential issue and its terms are summarized below:


The warrants are structured such that the subscribers will pay an amount equivalent to 25% of the Warrant Issue Price at subscription. The remaining 75% of the Warrant Issue Price must be paid when the holder exercises the right to convert the Warrants into equity shares, which can occur within a period of 18 months starting from the date of allotment.

Regarding the outcome of the subscription for warrants, the company reported that the total subscription accounted for 3,951 investors who represent 5.96% of the stock post-allotment, based on the assumption that all Warrants were subscribed and converted into equity shares.

Management Appointments​

During the meeting, Likhitha Infrastructure appointed two individuals as Additional Executive Directors: Mrs. Lohitha Gaddipati and Mr. Chandra Dheerajram, effective June 22, 2026. Both appointments are for a term of five years and make the directors non-liable to retire by rotation.

Mrs. Lohitha Gaddipati:
The company appointed Mrs. Lohitha Gaddipati as an Additional Executive Director. She holds a Bachelor of Technology (B.Tech.) degree in Civil Engineering from Gokaraju Rangaraju Institute of Engineering and Technology, Hyderabad, and a Graduate Diploma in Design from the University of the Arts London, United Kingdom. Her spouse is Srinivasa Rao Gaddipati, who serves as Managing Director, and her mother is Sri Lakshmi Gaddipati, a Non-Executive Director.

Mr. Chandra Dheerajram:
The company also appointed Mr. Chandra Dheerajram as an Additional Executive Director. He holds bachelor's degrees in computer science from the Vellore Institute of Technology (VIT) and a master's degree in computer science from the Illinois Institute of Technology (IIT), Chicago. His professional background includes extensive operational experience, helping to transform complex frameworks into high-performing corporate engines.

The board meeting commenced at 04.10 P.M. and concluded at 06.59 P.M.

LIKHITHA Stock Price Movement​

Likhitha Infrastructure Limited shares closed higher today, climbing 5.00% to settle at ₹255.37 in post-market trading. The stock saw brisk activity during the session, with a total traded volume of 118,731 shares recorded.