Board meeting held on May 20, 2025. Approval for the issuance of up to 10,27,00,000 (Ten Crore Twenty Seven…
As filed · Kridhan Infra Limited has informed the Exchange regarding Board meeting held on May 20, 2025. Approval for the issuance of up to 10,27,00,000 (Ten Crore Twenty Seven Lakh)equity shares and/or warrants
CapitalImprovingNotablemateriality 71 out of 100
What happened
FactKridhan Infra Limited has informed the Exchange regarding Board meeting held on May 20, 2025. you that the Board of Directors, at its meeting held today, i.e., Tuesday, 20th May. equity shares and/or warrants convertible into equity shares, at a minimum issue.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
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Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
Evidence
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%