Kilburn Engineering Ltd Allots 5,00,000 Equity Shares Upon Conversion of Warrants

Kilburn Engineering Ltd has allotted 5,00,000 equity shares upon conversion of warrants. The warrants were originally allotted on preferential basis to three allottees: M/s. Firstview Trading Private Limited, M/s. Vivaya Enterprises Private Limited, and M/s. Ekta Credit Private Limited. The allotment was made at a price of Rs. 425 per warrant. The allottees have paid 25% of the issue price upfront at the time of the warrant allotment and the balance 75% has been received by the Company, pursuant to which the warrants have been converted into equity shares. The paid-up equity share capital of the Company stands increased from Rs. 52,46,28,580/- to Rs. 52,96,28,580/-. The allotment is in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.