KCD Industries India Ltd — Important, 19-08-2025: Company Update
19-08-2025 | 04:06 pm
19-08-2025 | 04:06 pm
The company's Board has approved the financial results for the quarter and half-year ended September 30, 2023. Additionally, the Board has approved a plan to raise funds up to Rs. 500 Cr through various modes like Preferential Issue, Rights Issue, or Qualified Institutions Placement (QIP). To facilitate this, the Authorised Share Capital will increase from Rs. 50 Crore to Rs. 115 Crore. An Extra-ordinary General Meeting has been scheduled for December 02, 2023, to seek shareholder approval for these fundraising initiatives and capital restructuring. This move aims to strengthen the company's financial position and support future growth plans.
No comments yet. Be the first to comment!
