Kay Cee Energy & Infra Limited — Board Meeting, 24-04-2025: Outcome of Board Meeting

Kay Cee Energy & Infra Limited has announced a board meeting with the key decision to proceed with the issuance and allotment of 12,64,000 equity shares to qualified institutional buyers at an issue price of ₹198 per share. This move raised ₹250.27 crore, increasing the company’s paid-up equity share capital from ₹109.60 crore to ₹122.24 crore. The placement is expected to enhance the company’s financial position and further support its strategic initiatives. The board meeting concluded shortly after addressing these significant resolutions.