Kilburn Engineering Ltd — Important, 14-08-2026: Company Update
14-08-2026 | 05:59 pm
14-08-2026 | 05:59 pm
Kilburn Engineering received a monitoring agency report for its preferential issue funds. The issue size was revised to Rs. 290.65 crore from Rs. 299.63 crore due to warrant forfeiture and unsubscribed shares. Funds were reallocated, including Rs. 25 crore from General Corporate Purpose to Working Capital Requirements. Out of Rs. 270.67 crore cash proceeds, Rs. 216.16 crore has been utilized for purposes like debt repayment, capital expenditure, and subsidiary investments. The remaining Rs. 54.51 crore is held in deposits. The report confirms current fund utilization aligns with the revised objectives.
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