Corporate Action21 May 2026, 08:52 pm
Kesar India Allots Equity Shares on Warrant Conversion
AI Summary
Kesar India Ltd's Preferential Issue Committee approved the allotment of 71,428 equity shares of face value ₹10 each, pursuant to the conversion of warrants, to non-promoter allottees on a private placement basis. Following the allotment, the company's paid-up equity share capital increased to ₹3,00,99,892.
Key Highlights
- Kesar India allotted 71,428 equity shares upon conversion of warrants.
- The shares were allotted to non-promoter category allottees.
- Post-allotment, the paid-up equity share capital stands at ₹3,00,99,892.
- The allotment was approved by the Preferential Issue Committee on May 21, 2026.
Price Impact
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