Kumbhat Financial Services Approves Preferential Issue of ₹4.5 Cr

Kumbhat Financial Services Ltd announced that its Board of Directors, in a meeting held on November 13, 2026, approved a preferential issue of up to 26,11,724 equity shares at ₹17.23 per share, aggregating to ₹4,50,00,005 (₹4.50 Crore). This issue is to the Promoter, Sanjay Kumbhat, subject to shareholder and regulatory approvals. The Board also approved convening an Extra Ordinary General Meeting on December 10, 2026, to seek shareholder consent. Additionally, the unaudited financial results for the quarter and half-year ended September 30, 2026, were approved.