Announced Sat, 5 Sept · 19:06 IST
Postal ballot results: fund raising and FPI limit increase approved
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
+10.0%1-day move
₹4.98
prior close
₹5.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.0+15.5+21.1+15.3+10.4-0.2————
Up moveDown movePending
AI summary
Kalind Limited shareholders approved two special resolutions via postal ballot on 5 September 2026. Resolution 1 permits raising funds through QIP, FCCB, ECB or other modes and passed with 99.98 percent approval. Resolution 2 increases investment limits for FPIs and NRIs and passed with 99.99 percent approval. Promoters voted 100 percent in favor on both. Only 23.46 percent of outstanding shares were polled.
Likely market impact
Company is now empowered to raise capital through QIP or foreign currency routes and allow higher FPI or NRI stakes, potential dilution risk ahead.