Kilburn Engineering Ltd — Others, 31-07-2025: Corp Action

The company's Share Allotment Committee has approved issuing 12,08,032 new equity shares at an issue price of Rs. 166 per share to M/s. Tusk Investments Limited. This allotment is a result of converting previously issued warrants. The transaction contributed approximately Rs. 15.04 crore to the company's capital. Consequently, the paid-up equity share capital has increased from Rs. 49.84 crore to Rs. 51.05 crore, reflecting an expanded share base from 4.98 crore to 5.10 crore shares. This move strengthens the company's balance sheet by converting existing warrant obligations into equity.