
Procheta Consultants Acquires 15 Lakh Shares of Kilburn Engineering
Procheta Consultants Pvt Ltd, as the successor entity of M/s. Tusk Investments Limited, acquired 15,00,000 equity shares of Kilburn Engineering Ltd through preferential allotment following the conversion of warrants into equity shares. This acquisition represents 2.68% of the total equity, increasing Procheta's total holding to 70,19,701 shares, equivalent to 12.54% of the post-acquisition equity share capital. The acquisition date is May 16, 2026, coinciding with the receipt of intimation of allotment of shares.
Key Highlights
- Procheta Consultants acquired 15,00,000 shares of Kilburn Engineering via warrant conversion.
- The acquisition increases Procheta's stake in Kilburn Engineering to 12.54%.
- The acquisition was executed through preferential allotment.
- The total equity share capital of Kilburn Engineering after acquisition is ₹56,00,03,580.
- The acquisition date is May 16, 2026.
Price Impact
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