Kaarya Facilities and Services Ltd — Important, 06-12-2025: Company Update

Kaarya Facilities and Services is undertaking a private placement to raise up to 6.88 Cr. The company will issue equity shares to non-promoters and convertible warrants to promoters at Rs. 13.09 per share. This capital infusion targets working capital needs and general corporate purposes. The move will significantly shift promoter shareholding from 55.43% to 40.27%. The company recently reported a profit before tax of 1.70 Cr for FY24-25, a positive turnaround from prior years. Auditors have previously flagged concerns regarding PF contribution accounting and delays in GST payments, which the company states are being addressed.