
Corporate Action28 Aug 2026, 02:37 pm
Kabra Extrusiontechnik replaces allottee in preferential issue
AI Summary
Kabra Extrusiontechnik Limited has approved a change in the proposed allottees for its preferential issue of equity shares. Mr. Saurabh Varma has been replaced by Mr. Rakesh Amarlal Hinduja, both from the Non-Promoter category. The total number of equity shares, issue price, and aggregate size of the preferential issue remain unchanged. The company will issue an addendum to the EGM notice to reflect this change. The total preferential issue size is 37,60,000 equity shares.
Key Highlights
- Allottee replaced in preferential issue.
- Total issue size and price remain unchanged.
- Revised list of allottees approved.
- EGM notice to be amended.
Price Impact
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