Kedia Construction Allots 83.6 Lakh Equity Shares Post NCLT Approval

Kedia Construction Company Ltd has approved the allotment of 83,60,000 equity shares of INR 1 each to the members of the Transferor Company, following an order from the National Company Law Tribunal (NCLT), Mumbai Bench. The Record Date for this allotment was September 18, 2026. Additionally, 2,98,000 equity shares held by Kirti Investments Limited due to cross-holding have been cancelled as per the Scheme. The newly allotted shares will rank pari passu with existing equity shares. Post-allotment, the company's issued, subscribed, and paid-up capital has increased from 30,00,000 shares to 1,10,62,000 shares.