News

Kabra Extrusiontechnik Limited held an Extraordinary General Meeting on September 2, 2026, where shareholders approved a special resolution for the issue of equity shares on a preferential basis to promoters, promoter group, and non-promoter categories on a private placement basis. The meeting, chaired by Anand Kabra, was conducted via video conferencing and included participation from the Nomination and Remuneration Committee, Risk Management Committee, Audit Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee, along with representatives from the Secretarial and Statutory Auditors.

Kabra Extrusiontechnik Limited is allotting 38,732,836 shares to a select group of investors through a preferential allotment, a move that will alter the company’s shareholding pattern. The allotment, conducted in compliance with SEBI ICDR regulations, involves shares being distributed to promoters, promoter groups, and non-promoter categories, including institutions, resident individuals, and bodies corporate. While the share price remains undisclosed, a valuation report from a registered valuer was utilized in its determination, and the shares will be subject to a lock-in period as mandated by SEBI. The company confirmed that the allotment will not result in a change of control or pledge of assets, and that its directors and promoters are not willful defaulters or fugitive economic offenders. The capital injection is expected to be used for general corporate purposes, though specifics were not detailed.

Kabra Extrusion Technik announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 2 September 2026.

Kabra Extrusion Technik will hold a meeting of the Board of Directors of the Company on 7 August 2026.

Kabra Extrusion Technik will hold a meeting of the Board of Directors of the Company on 30 July 2026.