Board Meeting7 Aug 2026, 02:48 pm
Kabra Extrusiontechnik Approves Preferential Issue of ₹120 Cr
AI Summary
Kabra Extrusiontechnik Ltd's Board of Directors has approved a preferential issue of up to 32,00,000 equity shares at ₹375 per share, aggregating to ₹120,00,00,125. The issue is open to Promoter & Promoter Group and Non-Promoters Category. An Extraordinary General Meeting is scheduled for September 02, 2026, to seek shareholder approval for this preferential issue. The meeting was held on August 07, 2026, and concluded within two hours.
Key Highlights
- Board approved preferential issue of equity shares.
- Issue size up to ₹120 crore at ₹375 per share.
- Shares to be issued to Promoter and Non-Promoter categories.
- EGM scheduled for September 02, 2026, for approval.
- Issue is subject to member and regulatory approvals.
Price Impact
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