Corporate Action21 Oct 2026, 01:05 pm
Kerala Ayurveda Allots 6.55 Lakh Shares on Preferential Basis
AI Summary
Kerala Ayurveda Limited has announced the allotment of 6,55,000 equity shares of face value Rs. 10 each at a price of Rs. 190.37 per share. This allotment is on a preferential basis to Katra Holding Private Limited, a promoter group entity, and is partly funded by adjusting an existing unsecured loan of Rs. 12,46,92,350/-. The total value of the allotment is Rs. 12,46,92,350/-. Consequent to this allotment, the company's paid-up equity share capital has increased from Rs. 12,99,50,850/- to Rs. 13,65,00,850/-. The new shares will be listed on BSE Limited.
Key Highlights
- Allotment of 6,55,000 equity shares at Rs. 190.37 per share.
- Allotment made to promoter group entity, Katra Holding Private Limited.
- Existing unsecured loan partially adjusted towards share price.
- Paid-up equity share capital increased to Rs. 13,65,00,850/-.
- New shares to be listed on BSE Limited.
Price Impact
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