Board Meeting6 Aug 2026, 05:41 pm
Koura Fine Diamond Jewelry to issue 6,00,000 warrants
AI Summary
Koura Fine Diamond Jewelry Ltd announced board meeting outcomes including approval for an increase in authorized share capital from ₹7.20 Cr to ₹7.40 Cr. The company also approved the issue of up to 6,00,000 convertible warrants to promoters and non-promoters on a preferential basis at an issue price of ₹37 each. The total amount for this issue is aggregating up to ₹2.22 Cr. Additionally, the board approved the notice for an Extra Ordinary General Meeting (EGM) scheduled for August 31, 2026, and appointed Dilip Swarnkar & Associates as scrutinizer.
Key Highlights
- Authorized share capital increased from ₹7.20 Cr to ₹7.40 Cr.
- Board approved issue of 6,00,000 warrants at ₹37 each.
- Total fundraise via warrants to aggregate up to ₹2.22 Cr.
- EGM scheduled for August 31, 2026, to seek shareholder approval.
- Appointment of scrutinizer for EGM voting process.
Price Impact
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