This is a regulatory disclosure intimation letter addressed to BSE Limited.
The purpose of the document is to intimate the exchange of an upcoming meeting of the Board of Directors of Kanel Industries Limited. The meeting is scheduled to be held on Thursday, June 04, 2026, at the company's registered office.
The agenda for the board meeting includes:
- To Discuss, Consider and Approve the Proposal for raising funds by way of issuing equity shares through a Qualified Institutional Placement (QIP). This proposal is subject to all required regulatory and statutory approvals, including approval from the company's members (shareholders).
- To consider and discuss any other items as may be decided by the Board.
Pursuant to SEBI's Prohibition of Insider Trading Regulations and the company's internal code, the Trading Window for dealing in the company's equity shares has been closed for all Designated Persons (and their immediate relatives) with immediate effect. The trading window will remain closed until 48 hours after the conclusion of the aforementioned board meeting (both days inclusive). Designated persons are instructed not to trade in the company's securities during this closure period.
The letter is signed by Keyoor Madhusudan Bakshi, Director (DIN: 00133588), and is dated from Ahmedabad.