Kalind Ltd Withdraws Warrant Issue, Approves Preferential Equity Issue

Kalind Limited's Board of Directors has approved the withdrawal of a previously proposed preferential issue of warrants. In its place, the Board has approved a fresh proposal for a preferential issue of 8,60,86,956 equity shares at ₹11.50 per share, aggregating to ₹98.99 Crore. The issue is subject to shareholder approval, which will be sought via a special resolution at the upcoming AGM through a corrigendum to the notice. The relevant date for determining the issue price remains August 28, 2026.