JITF Infralogistics Limited has announced an Extraordinary General Meeting (EGM) to be held on Wednesday, May 6, 2026, at 12:00 Noon at A-1, UPSIDC, Industrial Area, Nandgaon Road, Kosi Kalan, Mathura, U.P. – 281403. The primary purpose of the EGM is to seek shareholder approval for material related party transactions (RPTs) between JITF Infralogistics Limited and its subsidiaries with JWIL Infra Limited. The proposed transactions, which will be considered as an Ordinary Resolution, are for an aggregate value of up to ₹5000 crore. These transactions are intended to be carried out between May 6, 2026, and May 5, 2027, on an arm's length basis and in the ordinary course of business. The proposed RPTs include financial services, rendering of services, sale of products, and leasing of assets. Specifically, the company is seeking approval for giving corporate guarantees up to ₹4300 crore for JITF Urban Infrastructure Services Ltd. and ₹700 crore for JWIL Infra Limited, and for giving loans up to ₹300 crore to JITF Urban Infrastructure Services Ltd. This proposal follows a previous resolution for RPTs that was not approved by shareholders on March 30, 2026. The notice also details the extensive process for e-voting, which will commence on May 3, 2026, at 9:00 AM and conclude on May 5, 2026, at 5:00 PM. The record date for determining voting rights is April 29, 2026. The company has appointed Mr. Awanish Kumar Dwivedi as the Scrutinizer for the e-voting and poll process.
