StockWatch
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Residential- Commercial Projects
Corporate Action4 Jun 2026, 05:01 pm

Kesar India Approves Allotment of 71,428 Warrants

AI Summary

Kesar India Limited's Preferential Issue Committee has approved the allotment of 71,428 Fully Convertible Warrants to Kanhaiya Lal Gupta, a Non-Promoter, via private placement. This allotment increases the company's paid-up equity share capital to 3,01,71,320 equity shares of face value ₹10 each. The meeting of the committee commenced at 3:45 PM and concluded at 4:00 PM on June 4, 2026.

Key Highlights

  • Allotment of 71,428 warrants approved.
  • Allottee is Kanhaiya Lal Gupta (Non-Promoter).
  • Equity share capital increased post-allotment.
  • Transaction conducted via private placement.