Jayant Infratech Powers Growth With Rs 87.8 Crore Fundraise

The board meeting held on April 27, 2026, finalized the issuance of 12.55 lakh fully paid-up equity shares at Rs 70 each, including a premium of Rs 60 per share. The transaction, structured as a slump sale and preferential allotment, is subject to shareholder and regulatory approvals.  

Key highlights  

• Preferential allotment of 12.55 lakh shares at Rs 70 each  
• Fundraising size pegged at Rs 87.85 crore  
• Acquisition of remaining 70% stake in Jayant Infraprojects  
• Strategic focus on railway electrification and civil construction  
• EGM scheduled for May 27, 2026
  
  

Sources: Company filing to Stock Exchanges