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GHV INFRA PROJECTS LIMITED — Capital/Financing Update 2025
Jul 24, 2025
62297_rns_2025-07-24_98801700-2583-4c57-ae96-eaeedb22ae44.pdf
Capital/Financing Update
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GHV INFRA PROJECTS LIMITED (Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
Date: July 24, 2025
To
BSE Limited
P.J. Towers, Dalal Street, Mumbai-400001
Scrip ID: GHVINFRA Scrip Code: 505504
Subject: Outcome of the Board Meeting
In pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, we hereby informed that the Board of Directors of the Company at its meeting held on today i.e. Thursday, July 24, 2025, inter alia, has:
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Considered and approved Sub-division/ split of the existing Equity Shares of the Company, such that, each Equity Share having face value of Rs. 10/- (Rupees Ten only) each fully paidup, be sub-divided/split into such number of Equity Shares having face value of Rs. 05/(Rupees Five only) each fully paid-up, subject to the approval of the Members of the Company in the General Meeting. The Record Date for sub-division/split of existing Equity Shares shall be decided after taking aforesaid approval of the members of the Company. (Annexure-A)
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Considered and approved alteration of MOA Consequent to Alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company on account of aforesaid subdivision/split of existing Equity Shares. The Company will shortly be seeking approval of equity shareholders for the Subdivision/Split of shares and for consequent amendment to the Memorandum of Association of the Company. (Annexure-B)
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Considered and approved Increase in the Authorized Share Capital of the Company from Rs. 16,00,00,000/- (Rupees Sixteen Crores Only) to Rs. 66,00,00,00,000/- (Rupees Sixty-Six Crores Only), subject to the approval of the members of the Company. (Annexure-B)
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Subject to approval of members of the Company, Approved the Issuance of Bonus Shares to the existing shareholders of the Company in the ratio of 03:02 i.e. 3 (Three) fully paid-up equity shares for every 2(two) existing fully paid-up equity shares held as on proposed Record Date to be fixed for bonus issue. (Annexure-C)
The shareholders of the Company, at their Extra-Ordinary General Meeting held on June 28, 2025, approved the issuance of Convertible Warrants to Promoters/Promoter Group and Non-Promoters, on a preferential basis by way of private placement. Accordingly, in compliance with Regulation 294 of the SEBI ICDR Regulations, the Company has reserved
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED (Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
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bonus equity shares for the holders of such Warrants. The equity shares so reserved shall be issued to the respective holders at the time of conversion of the Warrants, as the case may be, on the same terms and in the same proportion in which the bonus shares were originally issued.
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Based on the recommendation of Nomination and Remuneration Committee, Subject to the approval of members of the Company, Approved the appointment of Mr. Ravi Kumar Seth (DIN: 02427404) as an additional Independent Director of the Company for the term of 5 (five) consecutive years w.e.f. July 24, 2025. (Annexure-D)
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Based on the recommendation of Nomination and Remuneration Committee, Approved the appointment of Mr. Daksh Tulsibhai Mewada (ACS 75129) as a Company secretary and Compliance officer of the company w.e.f. July 24, 2025. (Annexure-E)
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Approved the Draft Notice of Extraordinary General Meeting (“EGM") of the Company to be held on August 26, 2025 to seek necessary approval of the members of the Company.
In compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to confirm that Mr. Ravi Kumar Seth (DIN: 02427404) has not been debarred from holding the office of Director by virtue of any order issued by SEBI or any other authorities as required under the circular issued by Stock Exchanges.
The information required to be submitted pursuant to SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is provided in the Annexure(s) as enclosed.
The meeting of Board of Directors of the Company was commenced at 04.00 P.M. and concluded at 04:45 P.M.
Kindly take the same on your records.
Thanking you, Yours faithfully,
For GHV Infra Projects Limited
(Formerly known as Sindu Valley Technologies Limited)
Digitally signed by Sadanand Shetty DN: c=IN, o=Personal, postalCode=400705, l=Thane, Sadanand st=Maharashtra, street=Elegant CHS limited , Sanpada Navi Mumbai, Maharashtra India 400705, title=8722, 2.5.4.20=c6aaf24daadbacc92d2de31122ba8392b8f63211 84f43b2d4df3b0fe6c720f35, serialNumber=51c5d6248edc769219109a315b585f32c4d 68529811ce51549819bb11d5e66ad, Shetty [email protected], cn=Sadanand Shetty Date: 2025.07.24 19:02:48 +05'30' Sadanand Shetty Chief Financial Officer
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
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(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
Annexure-A
Details Disclosure for Sub- division/ Split of Shares under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is as follows:
| r. o |
Particulars | Information |
|---|---|---|
| Split ratio | 2:1 [for every 1 (One) Equity Share of Face Value of Rs. 10/- each will be subdivided/split into 2 (Two) Equity Shares of Face Value of Rs. 05/- (Rupees Five Only) each] |
|
| Rationale behind the split | This stock split is aimed at enhancing the liquidity of the Company's shares in the market and making them more accessible to retail investors. |
|
| Pre and post Subdivision share capital – authorized, paid-up and subscribed |
Pre-Subdivision The Authorized Share Capital of the Company is Rs. 16,00,00,000/- (Rupees Sixteen Crores only) divided into 1,60,00,000 (One Crore and Sixty Lakhs) Equity Shares of Rs. 10/- (Rupees Ten Only) each. Issued, paid-up and subscribed Share Capital Rs. 14,41,50,000 (Rupees Fourteen Crores Forty- One Lakhs and Fifty Thousand Only) comprising of 1,44,15,000 (One Crore Forty-four lakhs and Fifteen Thousand) equity shares of Rs. 10 (Rupees Ten Only) each. Post-Subdivision The Authorized Share Capital of the Company is Rs. 16,00,00,000/- (Rupees Sixteen Crores only) divided into 3,20,00,000 (Three Crores Twenty lakhs) Equity Shares of Rs. 05/- (Rupees Five Only) each. Issued, paid-up and subscribed Share Capital Rs. 14,41,50,000 (Rupees Fourteen Crores Forty- One Lakhs and FiftyThousand Only)comprising |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
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| of 2,88,30,000 (Two Crores Eighty-eight Lakhs Thirty Thousand) equity shares of Rs. 05/- (Rupees Five Only) each. |
||
|---|---|---|
| Expected time of completion | Approximately within 2 months from the date of receipt of approval from the Members of the Company. |
|
| Class of shares which are subdivided |
Equity shares | |
| Number of shares of each class pre and post-split |
Please refer point (3.) above | |
| Number of shareholders who did not get any shares in consolidation and their pre- consolidation share holding |
Not Applicable. |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
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(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
Annexure -B
Disclosure of Information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
| Details which a listed entity needs to disclose for the events that are deemed to be |
|---|
| material as specified in Para A of Part A of Schedule III of Listing Regulations |
| A. Amendment to Capital Clause for Sub-division (Split) of Equity Shares |
| The Board of Directors has approved the amendment to Clause V of the |
| Memorandum of Association for the purpose of sub-dividing the face value of equity |
| shares from₹10/- each to₹05/- each. The revised capital structure is as under: |
| Existing Clause V (Capital Clause) Proposed Clause V (Capital Clause) |
| The authorized capital of the The authorized capital of the Company is |
| Company is Rs.16,00,00,000/- (Rupees Rs.16,00,00,000/- (Rupees Sixteen Crores |
| Sixteen Crores Only) divided into Only) divided into 3,20,00,000 (Three |
| 1,60,00,000 (One Crore and Sixty Crores and Twenty lakhs) Equity Shares of |
| Lakhs) Equity Shares of Rs. 10/- Rs. 5/- (Rupees Five Only) each. |
| (Rupees Ten Only) |
| B. Amendment to Capital Clause for Increase in Authorized Capital |
| Subsequent to the sub-division of shares, the Board has also approved an increase |
| in the Authorized Share Capital of the Company from Rs 16 Crore to Rs 66 Crore. |
| The revised Clause V of the Memorandum of Association is as follows: |
| Existing Clause V (Capital Clause) Proposed Clause V (Capital Clause) |
| (Post-Split) |
| The authorized capital of the The authorized capital of the Company is |
| Company is Rs.16,00,00,000/- (Rupees Rs. 66,00,00,000/- (Rupees Sixteen Crores |
| Sixteen Crores Only) divided into Only) divided into 13,20,00,000 (Thirteen |
| 3,20,00,000 (Three Crores and Twenty Crores Twenty lakhs) Equity Shares of Rs. |
| lakhs) Equity Shares of Rs. 05/- 05/- (Rupees Five Only) each. |
| (Rupees Five Only) each. |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
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(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
| Annexure-C | Annexure-C | ||||
|---|---|---|---|---|---|
| Disclosure of Information pursuant to Regulation 30 of | SEBI (Listing Obligations and | ||||
| Disclosure Requirements) Regulations, 2015 |
read | with | SEBI | Circular | No. |
| SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, | 2024 | ||||
| Details which a listed entity needs to disclose for the | events that are deemed to be | ||||
| material as specified in Para A of Part A of Schedule III of | Listing Regulations. | ||||
| Sr. Particulars Information |
|||||
| No | |||||
| 1. Type of securities proposed to be Equity Shares of face value of Rs. 05/- each. |
|||||
| issued |
| Annexure-C | Annexure-C | Annexure-C |
|---|---|---|
| isclosure of Information pursuant to Regulation 30 of SEBI (Listing Obligations and isclosure Requirements) Regulations, 2015 read with SEBI Circular No. EBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 |
||
| etails which a listed entity needs to disclose for the events that are deemed to be aterial as specified in Para A of Part A of Schedule III of Listing Regulations. |
||
| r. o Particulars |
Information | |
Type of securities proposed to be issued |
Equity Shares of face value of Rs. 05/- each. | |
Type of issuance |
Bonus Issue of Equity Share | |
Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) |
Appx. 4,32,45,000 Equity Shares of face value of Rs. 05/-each (post-split) would be issued as Bonus Shares. The actual number of bonus shares to be issued will be determined based on the fully paid-up equity shares as on the record date. (post-split) |
|
Whether bonus is out of free reserves created out of profits or share premium account |
The issuance of bonus shares shall be from capitalization of capital redemption reserve and/or securities premium and/or general reserve subject to the approval of the Shareholders. |
|
Bonus Ratio |
03:02 i.e. 03 (Three) New fully paid-up equity shares of Rs 05/- each (post-split) for every 02 (Two) existing fully paid-up equity share of Rs. 05/- each, to the eligible equity shareholders of the Company as on record date (will be declared in due course) |
|
Details of share capital - pre and post bonus issue |
Pre-bonus issues paid-up share capital as on date: (Post Split) Rs. 14,41,15,000/- (Rupees Fourteen Crores Forty- One Lakhs Fifteen Thousand) comprising of 2,88,30,000(Two Crores Eighty-Eight Lakhs |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
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(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
| Thirty Thousand) Equity shares of Rs. 05/- each (Rupees Five only) Post-bonus issues paid-up share capital as on date: (Post-Bonus Post-Split) Rs. 36,03,75,000 (Rupees Thirty-Six Crores Three Lakhs Seventy-Five Thousand Only) comprising of 7,20,75,000 (Seven Crores Twenty Lakhs Seventy-Five Thousand) Equity shares of Rs. 05/- (Rupees Five only) each. |
|
|---|---|
Free reserves and/or share premium required for implementing the bonus issue |
Total of Free reserve and Securities Premium of Rs. 21,62,25,000 (Rupees Twenty-One Crore Sixty- Two Lakhs Twenty-Five Thousand Only) are required for implementing the Bonus Issue (based on the estimated number of bonus shares as per Point (3) above) The actual paid-up share capital will be determined based on the paid-up share capital as on the record date. |
Free reserves and/or share premium available for capitalization and the date as on which such balance is available; |
As on March 31, 2025 (as per the latest audited balance sheet): a. Securities Premium - Rs. 12,39,80,000/- b. General Reserve - Rs. 15,64,60,373/- |
Whether the aforesaid figures are audited |
Yes, the figures at point (8) above are audited. |
| . Estimated date by which such bonus shares would be credited/dispatched |
Within 2 months from the date of the Approval of the Board of Director of the Company. |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
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(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
Annexure-D
Details under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
| r No. | Particulars | Description | |
|---|---|---|---|
| Reason for change viz. appointment~~,~~ ~~re-appointment,~~ ~~resignation,~~ ~~removal, death or otherwise~~ |
Appointment of Mr. Ravi Kumar Seth (DIN: 02427404) as Additional Non-executive Independent Director. |
||
| Date of appointment/ reappointment/cessation (as applicable) & term of appointment/re-appointment; |
Based on the recommendation of the Nomination and Remuneration Committee the Board of Directors of the Company at their meeting held on July 24, 2025 appointed Mr. Ravi Kumar Seth (DIN: 02427404) as an Additional Non-executive Independent Director of the Company subject to approval of the members of the Company. |
||
| Brief profile (in case of appointment) | Mr. Ravi Kumar Seth, aged 70 years, is a qualified chartered accountant. He has 47 years of experience, as a practicing-chartered accountant and interacts with entrepreneurs from various fields. |
||
| Relationship with other Directors, Manager and other Key Managerial personnel of the Company. |
He is not related to any other Director, Manager and other Key Managerial Personnel of the Company. |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212
GHV INFRA PROJECTS LIMITED
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(Formerly known as Sindu Valley Technologies Limited) Corporate Office : Kanakia Wall Street, A-511/512, 5th Floor, Chakala, Andheri (East), Mumbai - 400 093. Tel:+91 22 6941 1500, E-mail:[email protected], Web:www.ghvinfra.com
Annexure-E
Details under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
| Sr. No. | Particulars | Description |
|---|---|---|
| 1 | Reason for change viz. appointment, resignation, removal, death or otherwise |
Appointment of Mr. Daksh Tulsibhai Mewada as the Company Secretary and Compliance officer of the Company |
| 2 | Date of Appointment/Cessation (As Applicable) |
with immediate effect i.e. July 24, 2025 |
| 3 | Brief Profile | Mr. Daksh Tulsibhai Mewada is associate member of the Institute of Company Secretaries of India (“ICSI”) having membership number A75129. He has 4 years of experience (including practical training of ICSI) in handling Company Secretarial and Compliance Functions. He was previously associated with Oricon Enterprises Limited and has handled the Compliance & Secretarial Department. |
| 4 | Disclosure of Relationships between Directors (in case of appointment of a Director) |
Not Applicable |
Registered Office : No.3, 2nd Floor, Dr TCM Royan Road, Opp. Ayyappan Temple, Bengaluru - 560 053, Karanataka. CIN No. : L43900KA1976PLC173212