Arunis Abode Ltd — Important, 05-12-2025: Company Update

Kalind Limited announced key decisions from its board meeting. The company approved a preferential issue of equity shares for approximately Rs. 120.46 Cr and convertible warrants for Rs. 44 Cr. It will acquire a 53% majority stake in DBJ Multi Services Private Limited for Rs. 164.30 Cr through a share swap, enhancing its earth-moving and civil work operations. DBJ's turnover was Rs. 941.85 thousand (2023-24) and Rs. 3,598.87 thousand (2024-25). Additionally, Kalind will diversify its main business to include software development and IT services. Shareholder approvals will be sought at an upcoming Extra-Ordinary General Meeting.