Kalind Ltd Approves ₹316 Cr Preferential Issue of Warrants

Kalind Ltd's Board of Directors has approved the issuance of up to 27,48,00,000 convertible warrants on a preferential basis to entities in the public category. The issue price is ₹11.50 per warrant, aggregating to a maximum of ₹316.02 crore. Each warrant is convertible into one equity share of face value ₹2 at a premium of ₹9.50 per share within 18 months. The company also approved the re-appointment of M/s. P H H A D & CO LLP as Statutory Auditors for five financial years and convened an Annual General Meeting for September 29, 2026, to seek member approval for these proposals. The relevant date for SEBI ICDR regulations is August 28, 2026.