Announced Fri, 19 Jun · 15:28 IST
Preference shareholders meeting approves variation in redemption terms
Board & Shareholder Meetings View source PDF
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
+1.3%1-day move
₹17.25
prior close
₹17.26
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.3-4.3-4.2-2.6-3.4-4.5-6.9-9.3——
Up moveDown movePending
AI summary
On 19 June 2026, Kanoria Energy & Infrastructure held a class meeting of its preference shareholders via video conference, chaired by Kuldeep Kaw. The single agenda item was to consider and approve a variation in the terms of its 5 percent Redeemable Preference Shares, specifically reducing the period of redemption at the request of the preference shareholders. The meeting ran from 3.00 p.m. to 3.15 p.m. Voting results and the scrutinizer report will be filed with the stock exchange later.
Likely market impact
If approved, preference shareholders get their money back earlier, and the company clears its preference share liability sooner.