Kanel Industries Approves Rights Issue Up to ₹17 Crore

Kanel Industries Limited announced that its Board of Directors, in a meeting held on July 30, 2026, approved a fund-raising plan through a rights issue of equity shares, aiming to raise up to ₹17 Crore. The board also approved the appointment of Ms. Pooja Khakhi as an Additional Director (Non-Executive Independent) and noted the resignation of Ms. Jasmin Doshi as a Non-Executive Independent Director. Consequently, the Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee have been reconstituted.