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Kiri Industries informs about allotment of equity shares

13 Nov 2024 Evaluate
Kiri Industries has informed that the Board of Directors of the Company at its meeting held today, has approved the allotment of 3794751 Equity Shares pursuant to conversion of 3794751 Warrants (out of 13333789 Warrants) at an issue price of Rs 369 per share (including a premium of Rs. 359) (Warrant Issue Price), to the promoters and members of the Promoter group, on a preferential basis. The Company has received balance consideration of Rs 181 per warrant, 49.0515% of the Warrants Issue price, aggregating to Rs 68,68,49,931 as per the details enclosed.

The above information is a part of company’s filings submitted to BSE.

Kiri Industries Share Price

401.40 -4.25 (-1.05%)
13-Apr-2026 16:59 View Price Chart
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