Kizi Apparels Approves Preferential Issue of 51.69 Lakh Warrants

Kizi Apparels Ltd's Board of Directors met on October 30, 2026, approving the issuance of up to 51,69,000 warrants convertible into equity shares on a preferential basis. The company also approved the increase in authorized share capital from ₹11 Crore to ₹16 Crore and considered standalone unaudited financial results for the half-year ended September 30, 2026. An Extraordinary General Meeting (EGM) is scheduled for November 30, 2026, to seek member approval for the warrant issuance. Mr. Bhavin R. Patel was appointed as Registered Valuer for the warrant valuation.