ReferIndia News Active Infrastructures seeks nod to reallocate ₹15.22 crore IPO proceeds

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Active Infrastructures seeks nod to reallocate ₹15.22 crore IPO proceeds

Published on: June 9, 2026, 6:18 a.m. | Source: scanx.trade

Active Infrastructures Limited has announced a postal ballot to approve the reallocation of ₹15.22 crore in unutilised IPO proceeds, primarily for working capital and funding a step-down subsidiary. Shareholders will also vote on increasing investment limits to ₹200 crore and enhancing related party transaction limits with Achievers Ventures Private Limited to ₹10,000 lakhs. Remote e-voting is scheduled from June 11 to July 10, 2026.

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