StockWatch
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Other Financial Services
Board Meeting27 Aug 2026, 03:50 pm

KBS India Ltd to raise up to ₹2.50 Cr via preferential issue

AI Summary

KBS India Ltd announced that its Board of Directors, in a meeting held on August 27, 2026, approved the Directors' Report for FY 2025-2026 and scheduled the Annual General Meeting for September 18, 2026. The company also decided to raise up to ₹2.50 Crore by offering 2,50,000 Non-Convertible Redeemable Preference Shares at ₹100 each on a preferential basis to Mr. Tushar Shah, the Chairman & Managing Director and Promoter. The Register of Members and Share Transfer Books will be closed from September 12 to September 18, 2026, for the AGM.

Key Highlights

  • Board approved Directors' Report for FY 2025-2026.
  • AGM scheduled for September 18, 2026.
  • Fundraising of up to ₹2.50 Crore approved.
  • Preferential issue of 2,50,000 preference shares.
  • Share transfer books closed Sep 12-18 for AGM.