Oriental Rail Infrastructure Ltd. Board Approves Variation in Preferential Issue Objects
Mumbai – March 27, 2026 – Oriental Rail Infrastructure Ltd. announced that its Board of Directors approved a variation in the objects relating to the utilization of funds raised through a previous preferential issue. The initial approval for the preferential issue was granted by shareholders on January 19, 2024.The Board also approved a notice for a postal ballot to seek shareholder approval for this variation in fund utilization. Mr. Shiv Hari Jalan, Practicing Company Secretary, has been appointed as the Scrutinizer to oversee the remote e-voting process and prepare a report on the ballot results.
The Board meeting commenced at 11:45 a.m. (IST) and concluded at 1:15 p.m. (IST). Relevant documents will be available on the company’s website at https://www.orientalrail.com/.
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