Board Meeting outcome dated 23.01.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kalind Ltd (formerly Arunis Abode Limited) has finalized terms of a rights issue to raise up to ₹120.51 crores by issuing 7.09 crore fully paid-up equity shares at ₹17 per share (face value ₹10, premium of ₹7). The entitlement ratio is unusually aggressive at 139 Rights Equity Shares for every 100 shares held on the record date of January 30, 2026, meaning eligible shareholders must invest roughly 1.39 times the value of their current holding to fully maintain their stake. The issue opens on February 9, 2026 and closes on February 16, 2026. On full subscription, the share count will jump from 5.10 crore to 12.19 crore shares, more than doubling the equity base.
This is a heavily dilutive rights issue. Shareholders who do not participate or renounce their entitlements will see their stake diluted by more than half. Expect downward price pressure as the record date approaches, and the ex-rights price will trade at a discount. Existing holders should evaluate whether to subscribe, sell the rights entitlement, or let it lapse.