Arunis Abode Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/01/2026 ,inter alia, to consider and approve Fixing of Issue Price, Record ....
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Kalind Limited (formerly Arunis Abode Limited) has postponed its Rights Issue Committee meeting from January 12, 2026 to January 14, 2026. The Board had earlier approved a Rights Issue of up to Rs. 121 Crores on December 27, 2025. The delay is because BSE is still reviewing the company's Draft Letter of Offer (DLOF) and has not yet granted in-principle approval. The rescheduled meeting will finalise key terms such as the issue price, rights entitlement ratio, record date, and timing of the issue. Until those terms are announced, eligible shareholders do not yet know the price or how many shares they can subscribe to.
This is a procedural delay rather than a change in plan — existing shareholders waiting to participate in the Rs. 121 Crore rights issue will need to wait two more days for concrete terms. Stock price reaction will depend on the discount or ratio announced once the meeting is held.