ALPHA TRIBE

Kilburn Engineering LtdOthers, 05-08-2025: Corp Action

05-08-2025 | 03:51 pm

The company's Share Allotment Committee has approved the allotment of 3,91,968 equity shares, each priced at Rs. 166, to M/s. Tusk Investments Limited. This allotment is for the conversion of previously issued convertible warrants, bringing in Rs. 4.88 Cr to the company for the balance subscription amount. Following this, the company's paid-up equity share capital has increased from approximately Rs. 51.05 Cr (5.10 Cr shares) to about Rs. 51.44 Cr (5.14 Cr shares). This move expands the company's share base and strengthens its capital structure.

No comments yet. Be the first to comment!

All announcements from Kilburn Engineering Ltd