Kabra Extrusion Technik Capital Structure Change
Garudlaxmi Ventures LLP, a promoter group entity, acquired 18,93,334 equity shares of Kabra Extrusiontechnik Limited through a preferential allotment. This increases their shareholding in the company.
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Garudlaxmi Ventures LLP, a promoter group entity, acquired 18,93,334 equity shares of Kabra Extrusiontechnik Limited through a preferential allotment. This increases their shareholding in the company.
Kabra Extrusiontechnik received in-principle approval from NSE and BSE for a preferential issue of 37,60,000 equity shares. The total capital raise aggregates to ₹141.00 Crore.
Kabra Extrusiontechnik clarified exchange queries on its proposed ₹141 Crore preferential issue. The filing details allottee categories and the basis for the valuation report.
Kabra Extrusiontechnik issued a corrigendum to its EGM notice regarding a Rs. 141 Crore preferential issue. One non-promoter allottee was replaced due to regulatory ineligibility.
Kabra Extrusiontechnik's board approved a circular resolution to replace a proposed non-promoter allottee for 26,666 shares. Total issue size and price remain unchanged.