Ishaan Infrastructure & Shelters Ltd (540134) — Board Meeting | 29 August 2026(5 announcements)

The board approved a capital increase to Rs. 64 crores, a share swap acquisition of two electronics firms, and a preferential issue of up to 5.68 crore shares at ₹14 each to fund the deal, while appointing new auditors and directors and accepting key resignations.

The board approved a capital increase to Rs. 64 crores, acquisition of two electronics firms via share swap, and a preferential issue of 5.68 million shares at ₹14 to fund the [amount not verified] deal, while appointing Grover Lalla & Mehta as statutory auditor and Atul Chauhan as independent director effective August 29, 2026.

Ishaan Infrastructure & Shelters Ltd approved a capital increase to Rs. 64 crores, acquired two electronics firms via share swaps, and launched a preferential issue of 5.68 million shares at ₹14 each to fund the purchase, while appointing new directors and replacing its auditor, marking a strategic expansion into electronics manufacturing.

The board approved acquiring 100% of Blisstering Electronics and Bliss Cab Electronics via share swap and a ₹14 preferential issue of 5.68 crore shares to fund the [amount not verified] deal, increasing authorized capital to [amount not verified]. Resignations of directors Priyanka K Gola and Nayan were noted, while Atul Chauhan was appointed an independent director for five years and Prakash Bokaria shifted to non-executive status.

Ishaan Infrastructure & Shelters Ltd announced on 29 August 2026 a board meeting approving a capital increase to Rs. 64 crores, acquisition of two electronics firms via share swap, and a preferential issue of 5.67 million shares at Rs. 14 each. Resignations included statutory auditor Prakash Tekwani & Associates, secretarial auditor Utkarsh Shah & Co., and independent directors Priyanka Gola and Nayan Patel. New appointments featured auditor Grover Lalla & Mehta, secretarial auditor VJ & Associates, and Atul Chauhan as additional independent director. The acquisition involves Rs. 79.45 crores consideration through share issuance.