Revision on Debenture Committee Meeting Intimation bearing Ref: KIVL/BSE/SEC/850 dated 13.06.2025 regarding allotment of Secured Redeemable Non-Convertible Debentures on Private Placement Basis.
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Awaiting price reaction for this filing.
Kings Infra Ventures has issued a correction to its earlier Debenture Committee Meeting intimation dated 13.06.2025. The company clarified that the amount of the first tranche of unlisted secured redeemable non-convertible debentures (NCDs) allotted on a private placement basis was Rs. 1,62,00,000 (Rs. 1.62 Crore), not Rs. 1,69,00,000 (Rs. 1.69 Crore) as originally stated. The error is described as inadvertent. The filing is purely a clerical correction with no change in the nature of the allotment.
Minor correction only — the actual NCD amount allotted is Rs. 7 lakhs lower than originally disclosed, a small downward revision. This is a procedural clarification and is unlikely to have any material impact on the stock price or shareholders.