Kridhan Infra Limited has informed the Exchange regarding allotment of 102700000 securities pursuant to Preferential Issue at its meeting held on December 09, 2025
KRIDHANINF · price
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Awaiting price reaction for this filing.
Kridhan Infra Limited has allotted 102,70,00,000 securities (10.27 crore) to specific investors under a Preferential Issue. The allotment was approved at the company's board meeting held on December 9, 2025. Preferential issues are made to select investors at a price determined under SEBI rules rather than through a public offer. No details on pricing, investor identity, or use of funds were provided in the headline.
This dilutes existing shareholders' equity by issuing new securities to specific investors. The market reaction will depend on the issue price and purpose — if funds are used for growth, it may be seen positively; otherwise, pure dilution could weigh on the stock in the short term.