Praveg Fund Raise of ₹53.72 Cr

Praveg Investor Presentation: Key Takeaways

Q2 FY27 consolidated total income ₹44.25 Cr (+16.9% YoY), EBITDA ₹(2.94) Cr, PAT ₹(20.13) Cr loss; H1 PAT ₹(33.37) Cr. Asset-light expansion continues.

Praveg Management Change

Praveg Limited's Company Secretary and Compliance Officer, Mukeshkumar Chaudhary, resigned effective November 3, 2026. Himalay Dudharejiya was appointed in his place from the same date.

Praveg Results Update

Praveg reported Q2 FY27 consolidated total income up 16.9% to ₹44.25 Cr, but net loss widened to ₹20.13 Cr. The release also flags the Lakshadweep property launch and a ₹11.16 Cr work order.

Praveg Q2 FY27 Results: Net Loss of ₹20.1 Cr, Loss Widens

Praveg Ltd reported revenue from operations of ₹43.7 Cr (+16.5% YoY) and a net loss of ₹20.1 Cr for Q2 FY27.

Key figure

Net loss ₹20.1 Cr

Praveg Legal & Regulatory

Praveg received a SEBI penalty order of ₹2 lakh over amalgamation-related non-compliance. The penalty is payable within 45 days.

Value

₹0.02 Cr

Praveg Order Update: ₹11.16 Cr

Praveg Ltd amended its rest shelter facilities contract with Tourism Corporation of Gujarat, revising accommodation to 6,700 personnel. The tentative value is Rs.11.16 Crore plus GST, subject to final measurement.

Value

₹11.16 Cr

From

Tourism Corporation of Gujarat Limited (TCGL), a Government of Gujarat undertaking

accommodation requirement

6700.0 personnel

Upsurge Investment & Finance Fund Raise of ₹20 Cr

Upsurge Investment & Finance approved unaudited Q2 FY27 results, appointed Manish Kabra as CFO, and approved raising up to Rs.20 Crore. The raise needs shareholder and regulatory approvals before proceeding.

Value

₹20.00 Cr

Optiemus Infracom Fund Raise

Optiemus Infracom's board approved a fund raise, with mode and amount yet undecided. Details will follow after finalisation.

Jonjua Overseas Fund Raise of ₹14.7 Cr

Jonjua Overseas board approved raising up to Rs 14.70 crore more capital via a fund-raising committee. Board also noted a changed CIN and a paid BSE fine.

Value

₹14.70 Cr

AGI Infra Fund Raise

AGI Infra shareholders approved a special resolution to raise funds via QIP through postal ballot. Votes in favour were 100% of votes polled; no amount stated.

Pajson Agro India Fund Raise of ₹354.5 Cr

Pajson Agro's board approved a Rs.354.52 Crore preferential issue of 1,20,58,397 equity shares at Rs.294 each. Shareholder approval is sought at a meeting on 04-12-2026.

Value

₹354.5 Cr

Evonile Pharma Fund Raise of ₹900 Cr

Evonile Pharma's board approved a partly paid rights issue of up to Rs 900 Crore. A committee will set the issue price, record date and entitlement.

Value

₹900.0 Cr