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Kalind Limited's board approved a fresh preferential issue of 8.61 crore equity shares at ₹11.50 per share, raising ₹99 Crore, replacing a prior warrant proposal.
Non-promoter Abhishek Kamdar HUF sold 2.91 crore Kalind Ltd shares (3.18%), reducing stake from 7.77% to 4.59% via open and off-market means.
Kalind Limited approved a preferential issue of 27.48 crore warrants at Rs. 11.50 per warrant. The total fund raise aggregates to Rs. 316.02 Crore.