Khadim India Approves Preferential Issue of Warrants Worth ₹11.75 Cr

Khadim India Ltd's Board of Directors has approved the issuance of up to 10,68,182 fully convertible equity share warrants at an exercise price of ₹110 each, aggregating up to ₹11.75 crore. These warrants are to be issued on a preferential basis to promoters and certain identified non-promoter entities. Each warrant will be convertible into one equity share within 18 months. The company will call for 25% of the issue size upfront. An Extraordinary General Meeting (EGM) is scheduled for August 1, 2026, to seek shareholder approval for this preferential issue, along with other agenda items including director appointments and changes to the Articles of Association.