Kumbhat Financial Services Fund Raise of ₹4.5 Cr
Kumbhat Financial's board approved a Rs 4.50 Crore preferential equity issue to Sanjay Kumbhat. It triggers a SAST open offer for up to 26% of shares.
- Value
- ₹4.50 Cr
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Kumbhat Financial's board approved a Rs 4.50 Crore preferential equity issue to Sanjay Kumbhat. It triggers a SAST open offer for up to 26% of shares.
Money Masters Leasing approved issuing about ₹3.35 Crore of equity shares at ₹1 each to two investors. The allottees may become new promoters, triggering an open offer.
Imagicaaworld's board approved issuing 22,10,885 convertible warrants at Rs 73 each to Bennett Coleman and Company. Total consideration is about Rs 16.25 Crore, pending shareholder approval.
Praxis Home Retail's board approved a Rs.51.61 Crore rights issue at Rs.5 per share. The ratio is 5:9, with record date 18 November 2026.
Om Metallogic Ltd intimated a board meeting on 14 November 2026 to approve rights issue issue price, entitlement ratio, record date and issue dates. The rights issue follows BSE in-principle approval.
Virinchi's board approved a Rs 30 Crore preferential issue of 2 crore convertible warrants at Rs 15 each. Subject to EGM approval, allottees include promoter Viswanath Kompella.
IIFL Finance's board approved a preferential issue of convertible preference shares and warrants worth Rs.6,414.20 Crore. Shareholder approval is needed at a 4 December EGM.
Bajaj Finance's special committee approved issuing 5.74 crore warrants to promoter Bajaj Finserv at ₹1,010 each. The issue raises about ₹5,800 crore.
Cholamandalam Investment sent shareholders a postal ballot notice seeking approval for a Rs 5,000 crore QIP. E-voting runs November 10 to December 9, 2026.
HB Leasing's board discussed fund-raising options on November 9, 2026, including equity and preference shares. No quantum or pricing is decided; advisers will be consulted.
United Van Der Horst's board approved a preferential issue of 62.50 lakh equity shares at Rs.32 each, raising about Rs.2.00 Crore. The record date is set for 30 November 2026.