AGI Infra Limited Approves Increase in Authorized Share Capital and Fundraising Plans

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AGI Infra Limited's board approved increasing authorized share capital from ₹15 crore to ₹20 crore and plans to raise up to ₹500 crore via equity or convertible securities. Shareholder and regulatory approvals will be sought, aiming to strengthen capital for future growth and investments.

At its meeting on October 23, 2025, AGI Infra Limited’s Board of Directors approved key financial decisions to support the company’s expansion. Foremost, the authorized share capital will increase from ₹15 crore (15 crore equity shares of ₹1 each) to ₹20 crore (20 crore equity shares of ₹1 each). This change requires amendments in the Memorandum of Association and necessary approvals from shareholders and regulators.

The board also greenlit plans to raise funds aggregating up to ₹500 crore through issuances of equity shares, convertible securities, or other eligible instruments. These may be offered via public issues, preferential allotments, rights issues, private placements, or qualified institutional placements, depending on market conditions and regulatory compliance. The company emphasizes adherence to SEBI regulations and approval processes.

Additional resolutions include increasing investment limits for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs), enhancing capital inflows flexibility. To facilitate shareholder consent on these proposals, a postal ballot process with an appointed scrutinizer will be conducted to ensure transparency and fairness.

Key highlights:

Authorized share capital increase to ₹20 crore from ₹15 crore pending approvals
Fundraising target of up to ₹500 crore through various equity and convertible instruments
Multiple issuance routes contemplated: public, rights, preferential, private placements
Increased investment limits for NRIs and OCIs to encourage foreign investment
Postal ballot to be conducted with independent scrutinizer for shareholder voting

These strategic moves aim to empower AGI Infra Limited’s growth ambitions by strengthening capital resources and expanding investor participation, while ensuring transparent governance and regulatory compliance.

Sources: AGI Infra Limited Board Meeting Announcement dated October 23, 2025

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