In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kama Holdings has informed that the Board of Directors at their meeting held today (started at 11:00 am and concluded at 01:45 pm) considered and approved Increase in the Authorised Share Capital and Bonus Issue of Equity Shares in the proportion of 4 Equity Share of Rs 10 each for every 1 Equity Shares of Rs 10 each held by the shareholders of the Company as on the record date, subject to the approval of shareholders through Postal Ballot in compliance with the applicable laws. The Postal Ballot notice as per Section 110 of the Companies Act, 2013 and other applicable provisions, if any, of the Companies Act, 2013 (‘the Act’) read with the Companies (Management & Administration) Rules, 2014 will be sent to eligible shareholders as on cut-off date September 01, 2023. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure - I.
