Pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, we are attaching herewith the disclosure received by R. V. Investment and Dealers Limited.
KANORICHEM · price
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R. V. Investment and Dealers Limited, a Promoter Group entity, received an allotment of 4,95,000 Unlisted 7% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares from Kanoria Chemicals. The total value of this allotment is Rs. 49.50 Crores at Rs. 1,000 per share. The allotment was made on April 20, 2026. R. V. Investment's equity holding remains unchanged at 32,10,120 shares (7.35%). The company filed Form C as continual disclosure noting that since these preference shares are unlisted, SEBI PIT regulations may not strictly apply, but filed anyway as a precaution.
No immediate impact on equity shareholding or stock price since the preference shares are unlisted and equity holding is unchanged. However, it indicates the company raised Rs. 49.50 Crores via preference shares from a promoter group entity.