Kesar Petroproducts Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/06/2026 ,inter alia, to consider and approve In terms of Regulation ....
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Kesar Petroproducts Limited has informed BSE that its Board of Directors will meet on 8th June 2026 at 5:00 PM at the corporate office in Bandra Kurla Complex, Mumbai. The main agenda item is to consider, approve and convert the outstanding warrants — previously issued to both promoter and non-promoter categories — into equity shares. The notice is filed under Regulation 29 of the SEBI Listing Obligations and Disclosure Regulations, 2015. Any other business items may be taken up with the Chairman's permission. The intimation is signed by Wholetime Director Ramjan Kadar Shaikh.
Conversion of warrants into equity shares will increase the total share count of the company, leading to dilution for existing shareholders. It also signals that warrant holders are exercising their option, which may bring in additional capital or formalise prior commitments, depending on the conversion price already locked in.