
Board Meeting30 Oct 2026, 07:22 pm
Kizi Apparels to Increase Authorized Capital, Issue Warrants
AI Summary
Kizi Apparels Limited's Board of Directors met on October 30, 2026, approving the standalone un-audited financial results for the half-year ended September 30, 2026. The board also approved an increase in authorized share capital from ₹11 Crore to ₹16 Crore, subject to shareholder approval. Additionally, the company plans to issue up to 51,69,000 warrants convertible into equity shares on a preferential basis to promoter and public categories. An 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 warrant valuation, and CS Jinang Dinesh Kumar Shah will scrutinize the e-voting process.
Key Highlights
- Board approved standalone un-audited financial results for H1 FY27.
- Authorized share capital to increase from ₹11 Crore to ₹16 Crore.
- Plan to issue up to 51,69,000 warrants on preferential basis.
- Extraordinary General Meeting scheduled for November 30, 2026.
- Appointment of Registered Valuer for warrant valuation.
Price Impact
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