Kridhan Infra Limited — Others, 13-06-2025: Corrigendum
13-06-2025 | 11:04 pm
13-06-2025 | 11:04 pm
Kridhan Infra Limited has announced a board meeting to discuss a preferential issue of warrants convertible into equity shares, with the entire consideration to be received in cash. The company plans to raise about ₹41.60 Cr, mainly to repay ₹21.60 Cr of financial liabilities, invest ₹10 Cr in subsidiaries/associates, and allocate up to ₹10 Cr for general corporate purposes within 12 months. Promoters Anil Dhanpatlal Agrawal and Kridhan Petrochemicals Pvt Ltd will subscribe, alongside several non-promoter investors, with no change to management control.
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