Krishna Institute Of Medical Sciences Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/06/2026 ,inter alia, to consider and approve the proposal ....
KIMS · price
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Krishna Institute of Medical Sciences (KIMS) has informed the stock exchanges that its Board of Directors will meet on Saturday, 13 June 2026, to consider and evaluate a proposal for raising funds. The instruments under consideration include equity shares, fully convertible warrants, and other eligible securities (convertible or non-convertible), or any combination thereof. The fund raise may be executed through a preferential issue on a private placement basis or any other permissible mode under SEBI ICDR Regulations and the Companies Act, 2013. The Board may also convene an extraordinary general meeting (EGM) to seek shareholder approval for the proposal. The trading window for designated persons and their immediate relatives has been closed with immediate effect until 48 hours after the board meeting outcome is shared with the exchanges.
This is a preliminary intimation with no details on the size, pricing, or use of proceeds, so near-term impact is limited. Investors should watch for the outcome on 13 June, as any equity or convertible warrant issuance could lead to dilution for existing shareholders.