Monitoring Agency Report for the Quarter ended 31st December, 2025 in relation to the Rights Issue of Equity shares of the Company.
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 (BSE Scrip: 526935) has submitted the Monitoring Agency Report from Infomerics Valuation and Rating Limited for the quarter ended December 31, 2025, covering its Rights Issue of equity shares. The Rights Issue, which opened on September 3 and closed on September 11, 2025, raised Rs. 60.48 crore by issuing 4.8 crore equity shares of Rs. 10 each at Rs. 12.60 per share (including Rs. 2.60 premium). The entire proceeds were used for acquiring 100% shares of Prasad Earth Movers Private Limited and the business of Kalind Earth Movers, both completed in Q2 FY26. A small unutilized amount of Rs. 0.17 crore earmarked for issue-related expenses was used in Q3 FY26 toward payments to Grrowwide Business Advisors and Click Crafted. The report confirms no deviation from stated objects, no fund diversion, and no delay in implementation.
This is a routine compliance filing that reassures shareholders that the entire Rs. 60.48 crore raised via the Rights Issue has been deployed exactly as promised, with the two acquisitions already completed. No negative flags — no diversion, no delay, no General Corporate Purpose use — meaning the stock is unlikely to see any material reaction from this disclosure.