Kanel Industries Board Meeting on Oct 30 to Consider Rights Issue

Kanel Industries Ltd has announced a Board of Directors meeting scheduled for October 30, 2026. The primary agenda items include the consideration and approval of a Rights Issue. Key aspects to be decided are the brief term of the issue, the number of equity shares to be offered, the issue price, the right entitlement ratio, and terms of payment. Additionally, the board will discuss and approve the record date and timing for the Rights Issue, along with other related matters. The company has also closed its trading window for directors and designated persons from October 27, 2026, until 48 hours after the board meeting concludes, in compliance with insider trading regulations.