EGM on Oct 14 to raise up to Rs 832 crore via preferential equity issue
KISSHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.7 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kissht (OnEMI Technology Solutions) is holding an EGM on Oct 14, 2026 to seek shareholder approval for issuing up to 2.64 crore equity shares via preferential allotment on a private placement basis at Rs 314.11 per share, raising up to Rs 832.20 crore. Marquee proposed allottees include MIT, Ashoka WhiteOak, 238 Plan Associates, Citigroup, Envision India Fund, plus Indian mutual funds like Axis, HDFC, Bandhan and Groww, and several AIFs. Issue price includes a premium of Rs 313.11 over face value of Rs 1. Shares will carry SEBI mandated lock-in.
Positive: up to Rs 832 crore funding boost from marquee global and domestic investors. Dilution risk: preferential issue expands the share count for existing holders.