Kabra Extrusiontechnik Limited has submitted a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a change in the list of proposed allottees for its preferential issue of equity shares.
The Board of Directors, through Circular Resolution No. 01/2026-27 dated August 28, 2026, approved the replacement of one proposed allottee. Mr. Saurabh Varma (Non-Promoter category) has been withdrawn and removed from the list of proposed allottees. In his place, Mr. Rakesh Amarlal Hinduja (Non-Promoter category) has been approved as the proposed allottee for 26,666 Equity Shares of the Company.
There is no change to the total number of Equity Shares proposed to be issued (37,60,000 shares), the issue price, or the aggregate size of the proposed preferential issue.
Revised List of Proposed Allottees:
- Garudlaxmi Ventures LLP (Promoter Group) - 18,93,334 shares
- Rakesh Amarlal Hinduja (Non-Promoter) - 26,666 shares
- Nitish Mittersain (Non-Promoter) - 26,667 shares
- Siddharth Kabra (Non-Promoter) - 80,000 shares
- Singularity Large Value Fund III (Non-Promoter) - 4,66,667 shares
- Utpal Hemendra Sheth (Non-Promoter) - 4,00,000 shares
- Sthitaprajna Advisors LLP (Non-Promoter) - 1,12,000 shares
- Kiran Vyapar Limited (Non-Promoter) - 2,66,667 shares
- Surendra Lakhumal Hiranandani (Non-Promoter) - 61,333 shares
- Chanakya Wealth Creation Fund (Non-Promoter) - 1,06,666 shares
- Amit Mehta (Non-Promoter) - 53,333 shares
- Antique Securities Private Limited (Non-Promoter) - 2,66,667 shares
- Total: 37,60,000 shares
The Board has further approved the issuance of an appropriate Corrigendum/Addendum to the Notice of the Extra Ordinary General Meeting already circulated to the Members, incorporating this change and consequential amendments to the relevant disclosures.
The disclosure was signed by Hiren Vala, Company Secretary of Kabra Extrusiontechnik Limited, on August 28, 2026 at 14:17:22 IST.