Announced Thu, 21 May · 20:32 IST
Outcome of meeting of Preferential Issue Committee of the Board of Directors of Kesar India Limited ("the Company") in accordance with the provisions Regulation 30 of Securities and Exchange ....
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
-0.2%1-day move
₹1245.75
prior close
₹1255.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.1-0.1-0.2+0.2+0.8-3.7-1.3-0.1-1.8-0.1+0.3—
Up moveDown movePending
AI summary
Kesar India Limited's Preferential Issue Committee met on May 21, 2026, and approved the allotment of 71,428 equity shares to Kushal Gupta (Non-Promoter category). These shares were issued at ₹350 per share through conversion of 71,428 Fully Convertible Warrants that were allotted on September 18, 2025. Following this conversion, the company's paid-up equity share capital increased to ₹30,09,98,920, comprising 3,00,99,892 equity shares of ₹10 face value each.
Likely market impact
Existing shareholders experience minor dilution as warrants were converted into equity shares, increasing the total share count by 71,428 shares.