Corporate Action3 Aug 2026, 04:51 pm
Kinetic Engineering: BSE Approves Trading of 31 Lakh Promoter Shares
AI Summary
Kinetic Engineering Ltd has received approval from BSE Limited for the trading of 31,00,000 equity shares. These shares were issued to promoters on a preferential basis following the conversion of warrants. The shares, with a face value of ₹10 each and issued at a premium of ₹161, will commence trading on August 4, 2026. The company has enclosed the trading approval letter from BSE for record.
Key Highlights
- BSE approval received for trading of 31 lakh equity shares.
- Shares issued to promoters via preferential allotment.
- Trading commences on August 4, 2026.
- Shares converted from warrants.
Price Impact
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