Krishna Capital And Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2026 ,inter alia, to consider and approve Fund raising ....
Awaiting price reaction for this filing.
Krishna Capital and Securities Ltd has informed BSE that its Board of Directors will meet on 26th March 2026 to consider raising funds. The key proposal is to issue equity shares through a private placement route under SEBI's ICDR Regulations, 2018. The Board will also consider increasing the company's authorised share capital and amending the Memorandum of Association accordingly. Additionally, the company plans to convene an Extraordinary General Meeting (EGM) to seek shareholder approval and has appointed a scrutinizer for the postal ballot process. The trading window for insiders has been closed from 23rd March 2026 until 28th March 2026.
If approved, the private placement of equity shares will lead to dilution of existing shareholders' stake. The increase in authorised capital signals the company's intent to raise fresh capital, though the size, pricing, and use of funds are not yet disclosed. Shareholders should watch for further details post the Board meeting on 26th March 2026.