ALPHA TRIBE

Kinetic Trust LtdImportant, 10-07-2026: Company Update

10-07-2026 | 05:06 pm

Kinetic Trust's Board has approved increasing its Authorized Share Capital from ₹5.50 Cr to ₹10.00 Cr, subject to shareholder approval. The company also plans to raise up to ₹6.60 Cr by issuing 60 lakh warrants convertible into equity shares to non-promoters at ₹11 each. This fund-raising initiative aims to strengthen the company's financial position, pending shareholder and regulatory approvals. The Board also approved the Director's report for the financial year ended March 31, 2026, and details for the upcoming Annual General Meeting.

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