Kalind Ltd to Raise up to USD 65 Million

Kalind Ltd announced today, July 22, 2026, that its Board of Directors has approved a proposal to raise funds up to USD 65 Million. The funds can be raised through various instruments including equity shares, convertible bonds, debentures, warrants, preference shares, FCCBs, and other equity-linked or any other securities. This can be done via preferential issue, qualified institutional placement, share swap, or other methods, in one or more tranches. The decision is subject to necessary shareholder and regulatory approvals.