Kizi Apparels Ltd — Important, 12-02-2026: Company Update
12-02-2026 | 05:35 pm
12-02-2026 | 05:35 pm
KIZI Apparels Limited's board has approved increasing its Authorized Share Capital from 8 Cr (0.8 Cr shares) to 11 Cr (1.1 Cr shares), pending shareholder approval. The board also approved issuing up to 0.2508 Cr warrants on a preferential basis, convertible into equity shares, to promoters, promoter group, and public investors for cash. An Extraordinary General Meeting will convene on March 9th to seek shareholder approval for this warrant issuance. Upon full conversion, total shares will increase from 0.7819 Cr to 1.0327 Cr. Promoter group shareholding is projected to rise from 57.28% to 57.89%, with public shareholding decreasing from 42.72% to 42.11%.
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