Kirloskar Electric Company Capital Structure Change
Kirloskar Electric Company Limited received in-principle approval to issue 34,68,007 equity shares via preferential issue to a promoter group entity at Rs. 115.34 per share.
- Value
- ₹40.00 Cr
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Kirloskar Electric Company Limited received in-principle approval to issue 34,68,007 equity shares via preferential issue to a promoter group entity at Rs. 115.34 per share.
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Lloyds Metals and Energy Limited has allotted equity shares under its ESOP/ESPS scheme. This allotment marginally increases the company's paid-up share capital.
Vinati Organics subscribed ₹9.03 Crore in Veeral Organics' rights issue. The subsidiary remains 100% held with no change in control.
Max-Bio Biosciences acquired 21,42,857 shares (11.89% stake) in Raconteur Global Resources via preferential allotment. The non-promoter acquirer held no prior stake in the company.
EMKAY Global alloted 1,00,000 equity shares at ₹239.5 each to Prakash Kacholia in a preferential issue, raising ₹2.395 Crore. Post-allotment, Kacholia holds 19.70% of the company.
Emkay Global allotted 1,00,000 equity shares to promoter Prakash Kacholia upon warrant conversion for Rs.1.80 Crore. Paid-up capital rose to 2.79 crore shares.
Non-promoter Guttikonda Anuradha, Vara Lakshmi and Rajasekhar bought 4,73,264 Bilcare shares in the open market, lifting PAC holdings to 16.47%. No transaction price was disclosed.
Yash Hitesh Patel and PACs acquired 16.85 lakh Infrax Renewable shares in open market, raising stake to 18.16%. The holding change falls under SAST Reg 29(1).
Plenitude Enterprises, a non-promoter, disclosed acquisition of 62,400 Bhanderi Infracon shares in the open market. Its stake rose from 5.22% to 7.63%.
Intellect Money Finvest, a promoter, converted 55,00,000 preferential warrants into Purple Finance equity shares. The conversion lifts its holding to 1,00,00,000 shares (15.52%).
TD Power Systems allotted 12.5 lakh equity shares at ₹600 each to two promoters, raising ₹75 Crore on preferential basis. Post-allotment combined promoter holding rises to 8.67%.
Prime Industries completed a ₹11.86 Crore preferential issue to strategic investor Dr. Uday Narang, who acquired a 10% stake in the company.
Immediate relative Ahalya Meka purchased 300 shares of Alufluoride Ltd for ₹1.48 Lakh through market transactions.
Director Mr. Murli Wadhumal Dialani acquired 13,935 equity shares of M.K. Exim (India) Ltd through a market purchase, increasing his stake.
Kotak Mahindra Bank has allotted equity shares under its ESOP/ESPS schemes. This allotment increases the bank's paid-up share capital.
United Heat Transfer Limited approved a preferential allotment of 29.68 lakh equity shares at Rs. 105.50 per share, aggregating Rs. 31.31 Crore to identified non-promoter investors.
United Heat Transfer Limited has increased its authorized share capital from ₹20 Crore to ₹22 Crore, amending its Memorandum of Association.
Shanmuga Hospital's members approved an increase in authorized share capital from ₹14 Crore to ₹25 Crore at the 6th Annual General Meeting.
Seshachal Technologies' board approved a preferential issue of 55,000 equity shares at ₹76 each, aggregating to ₹0.42 Crore, to augment working capital.
Choksi Laboratories board approved a preferential issue of 3.5 lakh warrants to promoters at Rs 177 per warrant, totaling Rs 6.195 Crore.
Northern Lights Ventures Private Limited acquired 1,49,764 shares of Regal Entertainment & Consultants Limited from the open market, as per SAST disclosure.
Rajasthan Global Securities Private Ltd acquired a net 2,83,459 shares (1.17% stake) of Shankara Building Products Ltd via open market purchases.