
Krishna Capital and Securities Ltd: Appointment of Mr. Vinodkumar Bhanwer Singh as Executive Director, Increase in Authorized Share Capital, Share Purchase Agreement, and Preferential Issue of Equity Shares
Krishna Capital and Securities Ltd has appointed Mr. Vinodkumar Bhanwer Singh as an Executive Director. The company's Board of Directors has also approved an increase in the authorized share capital from Rs. 4,00,00,000/- to Rs. 34,00,00,000/-. Furthermore, the Board has considered and approved the execution of a Share Purchase Agreement with Mr. Ashu Jagmalaram Bishnoi and Mr. Yagnik Bharatkumar Tank, and the acquisition of up to 13,53,892 equity shares representing 42.87% of the paid-up equity share capital of the Company. The company will also issue, offer, and allot up to 3,00,00,000 Equity Shares on a Preferential Issue basis by way of Private Placement. The Extra Ordinary General Meeting (EGM) of the Company will be held on Saturday, April 25, 2026, to transact the related business.
Key Highlights
- Appointment of Mr. Vinodkumar Bhanwer Singh as Executive Director
- Increase in the Authorized Share Capital from Rs. 4,00,00,000/- to Rs. 34,00,00,000/-
- Execution of Share Purchase Agreement with Mr. Ashu Jagmalaram Bishnoi and Mr. Yagnik Bharatkumar Tank
- Acquisition of up to 13,53,892 equity shares representing 42.87% of the paid-up equity share capital
- Issue, offer, and allotment of up to 3,00,00,000 Equity Shares on a Preferential Issue basis