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Kriti Industries India informs about outcome of board meeting

12 Jun 2025 Evaluate
Kriti Industries India has informed that in continuation with its Letter No. KIILlSE/2025-26 dated 7th June, 2025 for notice under Regulation 29(1) of SEBI (LODR) Regulations, 2015 read Schedule III of the said Regulations, 02/2025-26 Board Meeting of the Board of Directors of the Company was held on Thursday, 12th June, 2025, at the Corporate office of the Company at 10:30 am and concluded at 10:55 am. The Board of Directors at the aforesaid Board meeting have decided and approved the following businesses: Allotment of 15,92,480 (Fifteen Lakh Ninety-Two Thousand Four Hundred and Eighty only), Equity shares of Re 1 each at a premium of Rs 157.50 per share to Kriti Nutrients warrant holder categorised under the Promoter group of the company after receipt of balance amount due on 15,92,480 warrants aggregating Rs 18,93,06,0601 (Rs. Eighteen Crore Ninety Three Lakhs Six Thousand and Sixty only) against the option exercised by warrant holder for convertible warrants issued on 27th July, 2024 on preferential basis as approved by the shareholders vide Special Resolution passed at the 01/2024-25 Extra Ordinary General Meeting held on 24th July, 2024 and vide In-Principle Approval received from BSE vide their letter No. LOD/PREF/TT/FIP/625/2024-25 dated 24th July, 2024 and from National Stock Exchange, vide their letter No. NSE/UST/42402 dated 24th July, 2024.

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

Kriti Industries (I) Share Price

83.78 1.90 (2.32%)
17-Apr-2026 16:59 View Price Chart
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