Announced Fri, 18 Sept · 16:51 IST
Kalind replaces warrant plan with Rs 99 cr equity preferential issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹4.73
prior close
₹4.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+6.0——————————
Up moveDown movePending
AI summary
Kalind withdrew its earlier warrant preferential issue proposal and replaced it with a fresh issue of up to 8.60 crore equity shares at Rs 11.50 each (Rs 9.50 premium), aggregating up to Rs 99 crore. Allotments go to 3 non-promoter entities: SRM Global Infraa, Orange AI Tech, and EROC Colorant. Proceeds will fund capital expenditure in energy and manufacturing businesses (Rs 90 cr) and working capital (Rs 9 cr). 32nd AGM on September 29, 2026.
Likely market impact
Equity dilution of about 9.4 percent as promoter holding drops from 13.56 percent to 12.39 percent. Funds targeted for energy and manufacturing expansion.