KG Denim has informed that the meeting of the Board of Directors of the Company is scheduled on 21/11/2025 to consider and approve the allotment of 13,47,000 Warrants, each convertible into, or exchangeable for, 1 (one) fully paid-up equity share of face value of Rs 10 each, at an issue price of Rs 17 per Warrant, to B. Sriramulu on a preferential basis as approved by the members at their 33rd Annual General Meeting held on 9th September 2025, in compliance with Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018, provisions of Sections 23(1)(b), 42, 62(1)(c) of the Companies Act, 2013 and subject to such approvals as may be necessary.
The above information is a part of company’s filings submitted to BSE.
