Kshitij Polyline Fund Raise of ₹29.34 Cr

Kshitij Polyline Management Change

Kshitij Polyline Limited appointed Mrs. Shashi Kala Dhabriya as an Independent Director, following the resignation of Mr. Rajesh Nandkishore Pherwani from the Board.

Kshitij Polyline Annual General Meeting

Kshitij Polyline Limited held its 18th Annual General Meeting on September 29, 2026, via video conferencing. Shareholders approved the financial statements and director re-appointments.

Kshitij Polyline Management Change

Kshitij Polyline Limited has appointed Kinjal Paneri as the Company Secretary, Compliance Officer, and Key Managerial Personnel, effective September 23, 2026.

Kshitij Polyline Capital Structure Change

Kshitij Polyline has utilized ₹18.48 Crore from its Rights Issue proceeds for the repayment and prepayment of company borrowings, as per its Letter of Offer.

Value

₹18.48 Cr

Kshitij Polyline Annual General Meeting

Kshitij Polyline issued a corrigendum to its 18th Annual General Meeting notice, correcting the cut-off date for remote e-voting eligibility to September 22, 2026.

Kshitij Polyline Capital Structure Change

Kshitij Polyline Limited has completed the allotment of equity shares via a rights issue, resulting in an increase in the company's total paid-up share capital.

Rite Zone Chemcon India Fund Raise of ₹6.58 Cr

Rite Zone Chemcon India announced a preferential issue of 27,69,730 equity shares to 11 investors at Rs.24 each, raising about Rs.6.58 Crore. The approval awaits a shareholder vote on 23 November 2026.

Value

₹6.58 Cr

Sudarshan Pharma Industries Fund Raise of ₹72 Cr

Sudarshan Pharma's board approved up to Rs. 72 Crore of preferential convertible warrants for promoters Hemal and Sachin Mehta. Shareholder approval will be sought at an EGM.

Value

₹72.00 Cr

Flywings Simulator Training Centre Fund Raise of ₹68.2 Cr

Flywings Simulator's board approved Rs. 68.20 Crore fully convertible warrants on a preferential basis. Promoter Rupal Mandavia is allotted Rs. 25 Crore, subject to shareholder approval.

Value

₹68.20 Cr

Kanel Industries Fund Raise of ₹16.99 Cr

Kanel Industries' board approved a rights issue of 42.52 lakh equity shares at Rs.39.95 each. The issue aggregates about Rs.16.99 Crore, with record date 13 November 2026.

Value

₹16.99 Cr

Execution

Rights issue opens 23 November 2026 and closes 30 November 2026

Sudarshan Pharma Industries Fund Raise

Board approved issuing up to 72 Crore warrants to promoters on a preferential basis. Pricing per Reg 164 is pending, with no fixed rupee value stated.

GAIL (India) Fund Raise

GAIL Board approved in principle the IPO of subsidiary GAIL Gas Limited on Indian exchanges. GAIL will dilute its GGL equity up to 25%.