Kanungo Financiers to hold EGM for share capital hike & acquisition

Kanungo Financiers Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on August 21, 2026, via Video Conferencing. The primary agenda items include a significant increase in the company's authorized share capital from ₹5.24 Crores to ₹50 Crores. Additionally, the EGM will seek member approval for the acquisition of 11,18,150 equity shares in M/s. Startech Infralogistics Private Limited for a total consideration of ₹42.49 Crores. This acquisition represents a 19.50% stake in Startech Infralogistics.