Highway Infra approves ₹49.82 crore warrant issue, acquires Indore entity
Approved preferential issue of 1 crore warrants to promoters for ₹49.82 crore. Agreed to acquire 51% stake in Indore Highway Real Estates for ₹38.98 lakh. Authorized increase in share capital from ₹40 crore to ₹50 crore. Warrants priced at ₹49.82 each, convertible within 18 months.
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