Kabra Extrusiontechnik Allots ₹141 Cr Equity Shares on Preferential Basis

Kabra Extrusiontechnik Ltd announced the board's approval for the allotment of 37,60,000 equity shares at an issue price of ₹375 per share, aggregating to ₹141,00,00,000 (₹141 Crore). The allotment is on a preferential basis via private placement to promoter and non-promoter categories. The company has received the full consideration prior to allotment. This allotment increases the company's issued, subscribed, and paid-up equity share capital. The new shares will rank pari-passu with existing shares.