Agastya Energy And Infrastructure Approves ₹566 Crore Preferential Issue

Board approved preferential issue of 55.06 lakh equity at Rs55.03 (~30.30Cr) and 973.65 lakh warrants at Rs55.03 (~535.80Cr); EGM on 7 Oct 2026. Also approved 50 lakh-option ESOP via trust. Huge first equity raise after earlier small rights never allotted; step change for thin-margin cash-strapped chemicals maker now renamed energy/infra under new promoter base. Full conversion would near-triple share base; use of proceeds, valuation and funding mix undisclosed; 25% warrant money upfront, EGM approval pending.