KBC Global Limited has informed regarding Disclosure of material issue
DHARAN · price
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KBC Global's wholly-owned UK subsidiary, Dharan International Limited (DIL), is raising £69.975 million (approximately ₹793.75 crore) through a two-part fundraising. The first part is a £64.175 million equity issuance of 64.175 million new shares at £1 each to institutional investors, and the second is £5.8 million via 58 convertible bonds valued at £100,000 each. The entire proceeds will be used to fund DIL's participation in the Buchanan Port Integrated Industrial Development Project in Liberia, a maritime and logistics hub being developed with Liberia's Special Economic Zone Authority. KBC Global describes this as a key step in its international diversification and infrastructure-led growth strategy, expecting it to strengthen consolidated financial performance over the medium to long term.
Since the fundraising is at the subsidiary level, there is no direct equity dilution for KBC Global shareholders, but the company is committing significant capital to a large overseas infrastructure project. If the Liberia port project delivers as planned, it could materially expand KBC Global's revenue base; however, execution, geopolitical, and currency risks in West Africa remain key concerns for investors to track.