Kilburn Engineering Ltd — Important, 16-05-2026: Company Update

The company has allotted 15.35 lakh new equity shares, each at Rs. 425, totaling Rs. 65.24 crore, to two non-promoter entities following the conversion of their warrants. This action increased the company’s paid-up equity share capital from Rs. 54.46 crore to Rs. 56.00 crore. Concurrently, 2.35 lakh convertible warrants belonging to another non-promoter investor lapsed due to non-payment. The company has consequently forfeited and retained the upfront subscription amount of Rs. 2.49 crore from these lapsed warrants.