KBS India Ltd — Important, 27-08-2026: Company Update

KBS India will hold its 40th Annual General Meeting to approve key proposals, including a preferential issue of 2.50 Cr in 6% Non-Convertible Redeemable Preference Shares to Promoter Mr. Tushar Shah. These funds are intended to meet working capital requirements for new business activities in online retail brokerage and trading services. Shareholders will also consider re-appointing Mr. Shah as Director and approving material related party transactions. For the year ended March 31, 2026, the company reported a net profit of 0.09 Cr on revenue of 2.34 Cr. Auditors highlighted an unprovided 16.73 Cr loan/receivable from a defunct erstwhile subsidiary, pending RBI write-off approval.