AGM/EGM4 Jul 2026, 01:30 pm
Kalyani Cast-Tech Announces EGM for Convertible Warrants Issue
AI Summary
Kalyani Cast-Tech Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on July 28, 2026, via Video Conferencing. The primary agenda is to consider and approve the issuance of 3,23,123 convertible equity warrants on a preferential basis. The proposed issue price is ₹582 per warrant, with a total aggregate value of up to ₹18.80 crore. This move is in compliance with SEBI ICDR Regulations and other applicable laws, subject to member and regulatory approvals. The notice of the EGM, approved by the Board on June 30, 2026, has been circulated to shareholders and is available on the company's website.
Key Highlights
- EGM scheduled for July 28, 2026, to approve warrant issuance.
- Plan to issue 3,23,123 convertible warrants at ₹582 each.
- Total issue size approximately ₹18.80 crore.
- Issue is on a preferential basis, subject to approvals.
- Meeting to be held via Video Conferencing.
Price Impact
More from KALYANI