Dhenu Buildcon Infra allots shares to non-promoters, converts unsecured loans

Dhenu Buildcon Infra Limited's board of directors, in a meeting on December 27, 2025, approved the preferential allotment of 5,91,54,92,940 equity shares. These shares, with a face value of ₹1/- each, were issued at an issue price of ₹1.42/- per share (including a premium of Forty Two Paise) to non-promoter entities. This allotment is for the conversion of outstanding unsecured loans totaling ₹8,39,99,99,974.80/-.

The six allottees, all categorized as non-promoters, include Golkonda Aluminium Extrusions Limited, Shanta Agencies Private Limited, Shri Niwas Leasing and Finance Limited, Tiaan Consumer Limited, Twinkle Mercantiles & Credits Private Limited, and Utsav Securities Limited. Each of these investors previously held nil shares in the company and will now hold varying percentages, ranging from 7.12% to 21.96% of the post-issue shareholding.

The equity shares will be allotted in dematerialized form and will rank pari-passu with existing equity shares. The board meeting follows approvals from the board on July 21, 2025, members at the annual general meeting on August 18, 2025, and in-principle approval from BSE Limited on December 15, 2025.