Shree Karni Fabcom Limited — QIP/Rights/Pref., 18-01-2025: Issue of Securities

Shree Karni Fabcom Limited has announced a board meeting outcome focusing on a preferential issue to raise approximately ₹64.11 crore. This includes the issuance of 5,23,050 equity shares at ₹765 per share, totaling ₹40.01 crore, and 3,15,000 warrants, each convertible into one equity share at the same price, aggregating ₹24.09 crore. An Extraordinary General Meeting (EOGM) is scheduled for February 12, 2025, to seek shareholder approval for the proposed capital issuance. E-voting for the EOGM will be open until February 5, 2025.