Kabra Extrusiontechnik Limited has received in-principle approval from both BSE Limited and National Stock Exchange of India Limited for the listing of 37,60,000 equity shares issued on a preferential basis.
Approval Details
- BSE Approval: Letter no. LOD/PREF/GB/FIP/1063/2026-27 dated November 05, 2026
- NSE Approval: Letter no. NSE/LIST/57912 dated November 05, 2026
- Share Details: 37,60,000 equity shares of face value ₹5 each
- Issue Price: Issued at premium of ₹370 per share
- Distinctive Numbers: 34972837 to 38732836
- Allottees: Issued to promoter and non-promoters
Requirements for Trading Approval
The company must ensure compliance with:
1. Regulation 167 of SEBI (ICDR) Regulations
2. File shareholding pattern in XBRL mode if change exceeds 2% of total paid-up share capital (under Regulation 31(1)(c) of SEBI LODR Regulations, 2015)
Documents Required for Trading Approval
- Listing approval from NSE (if applicable)
- Confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts
- Confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
Timeline Requirements
As per SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023:
- Company must apply for trading approval within seven working days from date of grant of listing approval
- Non-compliance will attract fines as specified in the circular
Conditions
NSE reserves the right to withdraw in-principle approval if submitted information is found to be incomplete, incorrect, misleading, false, or in contravention of any rules, regulations, or guidelines.
Additional Information
The disclosure will be available on the company website at www.kolsite.com