Kalyani Cast-Tech Gets In-Principle Approval for Preferential Issue

Kalyani Cast-Tech Limited has received in-principle approval from BSE Limited for the proposed issue of 3,23,123 warrants convertible into equity shares. The issue is on a preferential basis to Promoter and Non-Promoter categories at a price not less than ₹582 per share. BSE has granted this approval, subject to the company complying with all applicable SEBI regulations, Companies Act, and other statutory requirements. The company is advised to strengthen internal controls and obtain undertakings from allottees regarding trading restrictions until allotment.