Kumbhat Financial Services Ltd: Board Approves Preferential Issue

Kumbhat Financial Services Ltd announced that its Board of Directors, in a meeting held on November 13, 2026, approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board approved the issuance of up to 26,11,724 equity shares at ₹17.23 per share to the promoter, Sanjay Kumbhat, on a preferential basis. This preferential issue aims to raise approximately ₹4.50 Crore (₹4,50,00,005). The company also announced the convening of an Extra Ordinary General Meeting (EGM) on December 10, 2026, to seek shareholder approval for this issuance. Mr. Jagdish P Mundhara has been appointed as the scrutinizer for the E-voting process.