Kalind Limited held a Board of Directors meeting on Wednesday, July 22, 2026, which commenced at 1:20 PM and concluded at 1:40 PM at the company's registered office.
The Board considered and approved the raising of funds through various permitted instruments for an amount not exceeding USD 65 million (US Dollar 650,00,000) or its equivalent in Indian Rupees or other foreign currencies.
Fundraising Instruments
The fundraising may include issuance of:
- Equity shares (for cash or other than cash)
- Convertible bonds
- Debentures
- Warrants
- Preference shares
- Foreign currency convertible bonds (FCCB)
- Any other equity linked securities
- Any other securities
Fundraising Methods
The funds may be raised through:
- Preferential issue on a private placement basis
- Qualified institutional placement (QIP)
- Share swap
- Any other methods or combinations thereof
- Listed or unlisted instruments
Key Terms and Conditions
- Funds may be raised in one or more tranches
- Inclusive of such premium as may be fixed on such securities
- Terms and conditions including security, rate of interest, discount (as permitted under law) to be determined by the Board
- Subject to shareholder approvals
- Subject to regulatory and statutory approvals
- Board has absolute discretion in determining the manner and terms of fundraising
Financial Impact
Financial impact not quantified in the disclosure. The actual impact will depend on the final structure, timing, and terms of the fundraising.