Board Meeting10 Jul 2026, 05:10 pm

Kinetic Trust Board Approves Share Capital Increase and Preferential Issue

AI Summary

Kinetic Trust Ltd's board of directors met on July 10, 2026, approving the Director's report for FY26 and a significant increase in authorized share capital from ₹5.50 Crores to ₹10 Crores. The board also approved a preferential issue of up to 60,00,000 warrants convertible into equity shares at ₹11 per warrant, targeting non-promoter categories, subject to shareholder and regulatory approvals. The 34th Annual General Meeting (AGM) date was fixed, and a scrutinizer was appointed for e-voting. Cut-off dates for AGM notice dispatch and remote e-voting eligibility were also determined.

Key Highlights

Board approved increase in authorized share capital to ₹10 Crores.
Approved preferential issue of 60 lakh warrants at ₹11 each.
AGM date fixed; shareholder approval required for capital changes.
Appointment of scrutinizer for e-voting process.
Fundraising via warrants subject to regulatory and shareholder nod.

View BSE Filing

KINETRU

Non Banking Financial Company (NBFC)

KINETIC TRUST LTD.

Price Impact