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Kilburn Engineering LtdOthers, 03-07-2025: Corp Action

03-07-2025 | 04:28 pm

Kilburn Engineering has announced a board meeting on the preferential allotment of 6 lakh equity shares at Rs. 166 each to M/s. Everdeliver Logistics Pvt Ltd, converting previously issued warrants. This has increased the paid-up equity share capital from Rs. 48.44 Cr to Rs. 49.04 Cr, totaling 4.90 crore shares. The allotment reflects a fund infusion of Rs. 7.47 Cr, supporting the company’s capital structure and potentially enhancing liquidity and operational capacity. This move is significant for shareholders as it indicates strengthened financial backing from an existing investor.

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