Krishna Capital and Securities Ltd: Board Approves Share Capital Increase, Share Purchase Agreement, Preferential Issue, and New Director

Krishna Capital and Securities Ltd announced the outcomes of its board meeting held on 26th March, 2026. The board approved an increase in the authorized share capital, execution of a Share Purchase Agreement, a preferential issue of equity shares, and the appointment of a new executive director. The Share Purchase Agreement involves the acquisition of up to 13,53,892 equity shares by Mr. Ashu Jagmalaram Bishnoi and Mr. Yagnik Bharatkumar Tank, which will result in an open offer to public shareholders. The preferential issue will be for up to 3,00,000 Equity Shares. The board also decided on the date, time, and place for the Extra Ordinary General Meeting to transact related business.