Board Meeting10 Aug 2026, 03:19 pm
Kabra Extrusiontechnik Revises Preferential Issue Size to ₹141 Cr
AI Summary
Kabra Extrusiontechnik Ltd announced a revision in its proposed preferential issue. The Board of Directors approved increasing the number of equity shares to be issued from 32,00,000 to 37,60,000 at an issue price of ₹375 per share. This revises the total issue size from ₹120.00 Cr to ₹141.00 Cr, an increase of ₹21.00 Cr. The funds will be raised from Promoter & Promoter Group and Non-Promoter categories. An Extraordinary General Meeting (EGM) will be convened on September 02, 2026, to seek member approval for this revised preferential issue.
Key Highlights
- Preferential issue size increased to ₹141 Cr from ₹120 Cr.
- Number of equity shares to be issued increased to 37.6 Lakhs.
- Issue price remains ₹375 per equity share.
- EGM scheduled for September 02, 2026, for approval.
- Funds to be raised from promoter and non-promoter categories.
Price Impact
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