We hereby inform that Share Allotment Committee has agreed to allot 2,50,000 Equity Shares towards conversion of warrants as per attached details.
KLBRENG-B · price
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Kilburn Engineering Ltd has allotted 2,50,000 equity shares (face value Rs. 10 each) on December 24, 2025, following the conversion of warrants originally issued on November 16, 2024. The warrants were converted at Rs. 425 per share, bringing in Rs. 7.97 crore as the balance 75% payment (the upfront 25% was paid earlier). Two allottees participated: Vivaya Enterprises Private Limited (1,00,000 shares, Promoter Group) and Salarpuria Investment Private Limited (1,50,000 shares, Non-Promoter). Post-allotment, the company's paid-up equity capital rose from Rs. 51.54 crore to Rs. 51.79 crore, with total shares increasing from 5.15 crore to 5.18 crore.
This is a minor dilution event (~0.49% increase in share count) with capital already received by the company, so there is no fresh cash strain on operations. Promoter group participation signals confidence, while the Rs. 425 conversion price indicates a reasonably strong reference price benchmark.