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Highway Infrastructure updates warrant issue price methodology in EGM notice revision
30-Oct-2026, 07:04

A corrigendum was issued October 30, 2026, updating the notice for an Extraordinary General Meeting (EGM) concerning a preferential allotment of convertible warrants, initially released October 14, 2026. The amendment clarifies the methodology used to determine the issue price of Rs. 49.82 per warrant, referencing SEBI ICDR Regulations and a valuation report available on the company’s website at https://www.highwayinfrastructure.in/investor-information. The valuation report, also accessible via links within the investor information section, has been updated to October 30, 2026, and identifies the valuer as Director of Flookup Valuation Private Limited (IBBI/RV-E/06/2026/242). The revisions aim to enhance transparency and ensure compliance with regulatory guidelines.