Meghna Infracon Infrastructure Bonus Issue:
Meghna’s bonus issue is much-awaited in July 2025. Meghna Infracon Infrastructure has announced a bonus issue of a 1:1 ratio.
This means that the company will issue 1 bonus share on the existing 1 equity share to eligible shareholders. The record date is fixed on July 8, 2025.
Meghna Infracon Infrastructure Project:
In its regulatory tiling last week, Meghna Infracon Infrastructure executed Development Agreement to Re-develop a residential project of admeasuring about Thirty One Thousand Sq.Ft construction area Situated at Dadar/Prabhadevi.
As per the statement, the development being undertaken will lead to an estimated revenue of Rs.800 million. This new development marks the group’s entry into Dadar/Prabhadevi after successfully developing many gated community locations in the Mumbai Metropolitan Region. The project is expected to be launched in CY 2025.
Commenting on this development, Vikram Jayantilal Lodha, Managing Director said,”This development is a part of our strategy to focus on fast growing aspirational segment of Real Estate market. Dadar/Prabhadevi has great connectivity and accessibility. This agreement aligns with our expansion strategy and helps us enter one of the growing micro markets in the city.”
About Meghna Infracon Infrastructure Limited:
Meghna Infracon is an emerging name in real estate development across the residential sector in the Western Mumbai region. The company has a residential project located in the premium location of Goregaon and Andheri where they have established their presence.