Newspaper Publication of Advertisement pertaining to the Basis of Allotment of 7,08,90,000 Equity Shares under Rights Issue 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 has completed its Rights Issue with the allotment of 7,08,90,000 (7.09 crore) fully paid-up equity shares to eligible shareholders and renouncees. The shares have a face value of Rs. 10 each and were issued at Rs. 17 per share, including a premium of Rs. 7 per share. This means the company raised approximately Rs. 120.5 crore through the issue, which was approved at a Rights Issue Committee meeting on February 17, 2026, following the Letter of Offer dated January 23, 2026. As required by SEBI regulations, the company published advertisements about the basis of allotment on February 19, 2026 in Financial Express (English), Jansatta (Hindi), and Janadesh (Gujarati). The BSE scrip code is 526935.
This is a routine procedural filing confirming the successful completion of the rights issue. Existing shareholders who did not participate will see their holdings diluted by the addition of 7.09 crore new shares. The Rs. 120.5 crore raised will strengthen the company's capital base for business expansion.