ALPHA TRIBE

Arunis Abode LtdImportant, 14-02-2026: Company Update

14-02-2026 | 05:29 pm

Kalind Limited's monitoring agency report for its Rs. 60.48 Cr Rights Issue confirms full utilization of all proceeds, including issue-related expenses, without any deviation from the stated objectives. The capital was primarily deployed to acquire 100% shares of Prasad Earth Movers Private Limited and the business of Kalind Earth Movers. This report assures shareholders that funds raised for strategic growth have been transparently and effectively used, strengthening the company's operational base.

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