KABRA EXTRUSIONTECHNIK LTD.

Kabra Extrusiontechnik Ltd has announced the successful commissioning of its 10 MW/20 MWh Battery Energy Storage System (BESS) Project in Phalodi, Rajasthan. The project was developed for Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) and is designed to enhance energy management, grid stability, and renewable energy integration. The successful completion signifies the company's capability in executing complex energy infrastructure projects.

Kabra Extrusiontechnik Limited has issued a clarification regarding its proposed preferential issue of up to 37,60,000 equity shares at ₹375 per share, aggregating ₹141 Crores. The clarification addresses details provided in the EGM Notice and subsequent corrigendums, including the status of proposed allottees (promoter/non-promoter) and the reason for obtaining a valuation report. The company confirmed that the valuation report was obtained to comply with Companies Act requirements and as a measure of good corporate governance, even though not strictly required by SEBI ICDR Regulations for frequently traded shares.

Kabra Extrusiontechnik Limited, through its brand GEON, has received a Letter of Nomination from a top passenger vehicle manufacturer in Vietnam. The company will collaborate on the development and supply of Battery Packs in Vietnam. This strategic move aligns with Kabra Extrusiontechnik's objective to expand its footprint in the electric mobility sector and enhance its expertise in advanced battery solutions within international markets.

Kabra Extrusiontechnik Limited announced its Board of Directors has approved the incorporation of a wholly-owned subsidiary in the United Arab Emirates (UAE) for international business, with an investment of up to INR 250 Crores. Additionally, the company plans to establish a wholly-owned subsidiary in Vietnam, which will set up a battery pack manufacturing facility with an investment of up to INR 500 Crores, funded by internal accruals and external borrowing. The Board also considered proposals for new battery manufacturing plants in India and Vietnam. The meeting concluded after discussing these strategic expansions.

Kabra Extrusiontechnik Limited, through its brand 'GEON', has received a Letter of Intent from a leading Indian two-wheeler manufacturer. This collaboration involves the development and supply of two types of battery packs for two-wheeler applications. The move aligns with the company's strategic objective to enhance its presence in the electric mobility sector and bolster its capabilities in advanced battery solutions. This partnership signifies a significant step in GEON's expansion into the EV ecosystem.

Kabra Extrusiontechnik Limited, under its brand GEON, announced its upcoming production of high-voltage Battery Packs for Four-Wheeler Passenger Vehicles. The manufacturing will commence in September 2026 at its Pune facility. This move signifies a strategic expansion into the new energy sector, aiming to capitalize on the growing electric mobility and energy storage market. The company is focusing on opportunities presented by the increasing adoption of electric vehicles and evolving industry demands.

Kabra Extrusiontechnik Limited has issued a further corrigendum to its Extra-Ordinary General Meeting (EGM) notice. This update pertains to Item No. 1 of the EGM notice, which concerns the issue of equity shares on a preferential basis to promoters and non-promoters. The further corrigendum addresses changes related to a proposed allottee, Mr. Saurabh Varma, who was found to be ineligible under SEBI ICDR Regulations as he had sold company shares within the 90 trading days preceding the relevant date. This corrigendum supplements the original EGM notice dated August 10, 2026, and the first corrigendum dated August 21, 2026, with all other terms remaining unchanged.

Kabra Extrusiontechnik Limited has approved a change in the proposed allottees for its preferential issue of equity shares. Mr. Saurabh Varma has been replaced by Mr. Rakesh Amarlal Hinduja, both from the Non-Promoter category. The total number of equity shares, issue price, and aggregate size of the preferential issue remain unchanged. The company will issue an addendum to the EGM notice to reflect this change. The total preferential issue size is 37,60,000 equity shares.

Kabra Extrusiontechnik Limited has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice, originally dated August 10, 2026. The EGM is scheduled for September 02, 2026, via Video Conferencing. The corrigendum, issued on August 21, 2026, clarifies and supplements the 'Objects of the Issue' section in the explanatory statement, particularly regarding a proposed preferential issue. The company plans to raise up to ₹141 crore, with proceeds allocated to setting up new manufacturing lines, expanding existing capacities, modernizing infrastructure, investing in R&D, and augmenting working capital. The corrigendum forms an integral part of the original notice and has been uploaded to the company's website and stock exchange websites.

Kabra Extrusiontechnik Limited has announced an Extraordinary General Meeting (EGM) to be held on September 02, 2026, via Video Conference. The primary agenda is to consider and approve the issuance of up to 37,60,000 equity shares on a preferential basis to promoters and non-promoters. The issue price is set at ₹375 per share, aggregating up to ₹141 crore. The relevant date for determining the issue price is August 03, 2026. The notice of the EGM has been sent electronically to shareholders, and the full notice is available on the company's website.