Board approves 40 crore rights shares allotment and Company Secretary change
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Board approved allotment of 40 crore fully paid-up rights equity shares at Rs 1.20 each (Re 1 face value plus Rs 0.20 premium) to eligible applicants, and filing for listing approval on both BSE and Calcutta Stock Exchange. Separately, CS and Compliance Officer Shefali Gupta resigned effective Aug 31, 2026, and Gaurav Khandelwal appointed as new CS effective Sept 1, 2026.
Rights issue allotment expands share count by 40 crore shares, leading to share dilution. CS change is a routine KMP transition with no governance flags noted.