Jayant Infratech Ltd Sets November 10 EGM for ₹12.57 Crore Deal

Jayant Infratech Ltd has called an Extra-Ordinary General Meeting on November 10, 2026, to seek shareholder approval for acquiring the entire business undertaking of M/s Jayant Infraprojects (AOP) through a slump sale valued at ₹12.57 crore. The meeting sets out the shareholder approval process for a proposed transaction involving the company’s business operations.

Why has Jayant Infratech called an EGM?

Jayant Infratech has convened the EGM to place the proposed acquisition of M/s Jayant Infraprojects (AOP) before shareholders. The company proposes to acquire the entire business undertaking of Jayant Infraprojects on a slump sale basis for ₹12.57 crore.

An EGM is a shareholder meeting called to consider matters that require approval outside the ordinary annual meeting process. In this case, the disclosed purpose is the proposed business acquisition. Shareholders will vote on the relevant proposal at the meeting scheduled for Tuesday, November 10, 2026.

The company’s board approved the EGM notice and related procedural matters. The notice was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

When and where will the Jayant Infratech EGM take place?

Jayant Infratech will hold the EGM at 1:00 p.m. on November 10, 2026, at its registered office in Bilaspur, Chhattisgarh. The stated venue is “Mangal Smriti”, Bajpai Ground, Tilak Nagar, Bilaspur, Chhattisgarh - 495001.

The company has fixed November 3, 2026, as the cut-off date for determining shareholders eligible to vote through remote e-voting. Shareholders recorded as eligible on that date can participate in the electronic voting process for the EGM.

Jayant Infratech has appointed M/s Rohtash Agrawal & Co., Company Secretaries, Raipur, as scrutinizer for remote e-voting and voting conducted at the meeting. The scrutinizer’s role is to oversee the voting process and report the results in accordance with the applicable procedure.

What does the corrigendum add to the EGM notice?

Jayant Infratech issued a corrigendum to its October 19, 2026 EGM notice, making the independent valuation report accessible through a hyperlink provided in the corrigendum. The report relates to the proposed slump sale acquisition.

The availability of the valuation report gives shareholders access to a document relevant to their consideration of the transaction. The company has not disclosed a change to the stated ₹12.57 crore consideration in the information provided.

The corrigendum is part of the documentation surrounding the shareholder vote. Investors assessing the proposal can refer to the EGM notice, its corrigendum and the linked valuation report before voting or attending the meeting.

How could the proposed acquisition affect Jayant Infratech?

The proposed acquisition would bring the entire business undertaking of M/s Jayant Infraprojects (AOP) into Jayant Infratech if shareholders approve the proposal and the transaction is completed. The disclosed transaction value is ₹12.57 crore, while the structure identified by the company is a slump sale.

A slump sale generally involves the transfer of a business undertaking for a lump-sum consideration rather than separate values being assigned to individual assets and liabilities. The company’s disclosures identify the transaction structure and consideration, but do not provide operating or financial forecasts for the acquired undertaking.

The notice states that target completion is within six months of execution of the Business Transfer Agreement. Completion will therefore depend on the shareholder vote and the subsequent steps associated with the agreement. No share-price movement, financing detail or expected financial contribution from the acquisition was disclosed in the supplied announcement.

What should shareholders consider before the vote?

Jayant Infratech shareholders can consider the transaction terms disclosed in the EGM documents, including the ₹12.57 crore consideration, the slump sale structure and the independent valuation report made available through the corrigendum. Voting eligibility for remote e-voting is determined by the November 3 cut-off date.

The EGM is also a formal governance step for the company because it places the acquisition proposal before shareholders rather than treating it solely as a board-level matter. The appointment of an independent scrutinizer supports the stated process for remote and in-person voting.

For investors, the immediate confirmed event is the November 10 meeting and its voting outcome. The available disclosures do not state whether the proposal has already received all approvals needed beyond shareholder consent, nor do they provide a revised acquisition timetable beyond the six-month target following Business Transfer Agreement execution.

Conclusion

Jayant Infratech has scheduled a November 10, 2026 EGM to seek approval for a ₹12.57 crore slump sale acquisition of the business undertaking of M/s Jayant Infraprojects (AOP). The company has set November 3 as the e-voting eligibility cut-off date, appointed M/s Rohtash Agrawal & Co. as scrutinizer and made the independent valuation report accessible through a corrigendum.

The next disclosed milestone is the shareholder vote at the EGM. If the proposal is approved and the Business Transfer Agreement is executed, Jayant Infratech has indicated a target to complete the transaction within six months of that execution.