Allotment of Equity Shares on Preferential Basis
Price
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Awaiting price reaction for this filing.
Vikram Kamats Hospitality has allotted 13,60,000 equity shares at Rs. 75 per share (face value Rs. 10, premium Rs. 65) on a preferential basis to four non-promoter allottees, raising about Rs. 10.20 crores in total. The two largest allottees are KSK Energy Company Pvt Ltd and Pravan Holdings LLP, each receiving 6,66,670 shares, while Sunil Dhawan HUF and Rahul Anant Joshi got 13,330 shares each. The allotment was approved by the Allotment Committee on 30th October 2025, after board approval in August 2025 and shareholder approval via postal ballot in September 2025. BSE had given its in-principle approval a day earlier on 29th October 2025.
The company raises Rs. 10.20 crores in fresh equity from non-promoter investors, which will strengthen its capital base but will also lead to some dilution for existing shareholders. The price of Rs. 75 per share is set for the issue; the market reaction will depend on how this compares to the prevailing share price on the exchanges.