Fundraise / allotmentFiled on BSE ·
SRM Contractors Limited proposes QIP to raise up to ₹150 crore, FY26 financials reported
SRM Contractors Ltd · Construction
What the filing says
- The Company seeks approval for Qualified Institutional Placement (QIP) of equity shares and/or convertible securities up to ₹150 crore as of Board meeting on 5 September 2026.
- Equity Share Capital remained ₹2,294.42 lakhs; Other Equity increased to ₹34,815.58 lakhs (consolidated) and ₹32,895.77 lakhs (standalone) by 31 March 2026.
- No defaults or frauds reported in FY26 audit; foreign exchange outgo of ₹41.25 lakhs related to UAE branch setup; no fund raising by loans during FY26.
Original filing
Reg. 34 (1) Annual Report.
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More from SRM Contractors Ltd
- Board / shareholder meeting outcomeSRM Contractors Limited announces results of 18th AGM held on 30th Sept 2026
- Fundraise / allotmentSRM Contractors Limited seeks shareholder approvals for related party transactions and QIP
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.