Corporate Action7 Nov 2026, 01:01 pm
Kiri Industries: Promoters acquire 60.82 Lakh Warrants
AI Summary
Kiri Industries Limited has announced the preferential allotment of 60,82,600 warrants, convertible into equity shares, to its promoter and promoter group, Manishkumar P Kiri & Others. The acquisition occurred on November 7, 2026. Following this allotment, the total holding of the acquirers along with PACs in warrants/convertible securities increased to 3,32,66,875, representing 51.05% of the equity share capital and 46.69% of the total diluted capital. The total transaction value is Rs. 65,16,80,000/-. The company's equity share capital post-acquisition is Rs. 71,25,06,000/-.
Key Highlights
- Promoters Manishkumar P Kiri & Others acquired 60,82,600 warrants.
- The acquisition was via preferential allotment on November 7, 2026.
- Warrant holding increased to 3,32,66,875 shares.
- This represents 51.05% of equity share capital and 46.69% of diluted capital.
- Total transaction value amounts to Rs. 65,16,80,000/-.
Price Impact
More from KIRIINDUS