KD Green Industries Limited announced the outcome of its Board of Directors meeting held on Saturday, May 30, 2026, which commenced at 04:00 PM and concluded at 07:00 PM. The board approved the allotment of equity shares upon conversion of previously issued convertible warrants.
Key Transaction Details
The Board approved the allotment of 4,35,00,000 (Four Crore Thirty Five Lakh) Equity Shares of face value of ₹1/- each at an issue price of ₹6.50 per share (including premium of ₹5.50 per share). This conversion follows the receipt of the balance amount aggregating to ₹21,20,62,500 at the rate of ₹48.75 per warrant (being 75% of the issue price of warrants).
The conversion was effected upon 43,50,000 warrants of face value of ₹10/- each that were originally allotted at an issue price of ₹65 per warrant (including premium of ₹55 each). The number of shares and premium per share were adjusted post sub-division of nominal value of equity shares from 1 Equity Share of ₹10/- each to 10 Equity Shares of ₹1/- each.
Allottee Details
The equity shares were allotted to 23 allottees belonging to both Promoter and Non-Promoter categories:
Promoter Allottees (4 individuals):
- Mangilal Goenka: 19,37,500 shares (₹94,45,312.50 received)
- Sunil Kumar Goenka: 19,37,500 shares (₹94,45,312.50 received)
- Binod Kumar Goenka: 42,62,500 shares (₹2,07,79,687.50 received)
- Dilip Kumar Goenka: 73,62,500 shares (₹3,58,92,187.50 received)
Non-Promoter Allottees (19 entities/individuals):
- Securocrop Securities India Private Limited: 1,82,50,000 shares (₹8,89,68,750.00 received)
- Sangeeta Pareekh: 30,00,000 shares (₹1,46,25,000.00 received)
- Abhinav Gupta: 15,00,000 shares (₹73,12,500.00 received)
- Vidhi Bansal Gupta: 12,30,000 shares (₹59,96,250.00 received)
- Abhinav Gupta HUF: 12,00,000 shares (₹58,50,000.00 received)
- Petflakes Poymers India Private Limited: 8,45,000 shares (₹41,19,375.00 received)
- DMA Cube 5 Analytics Private Limited: 5,10,000 shares (₹24,86,250.00 received)
- Meera Gupta: 3,15,000 shares (₹7,31,250.00 received)
- Bhavya Jain: 1,50,000 shares (₹7,31,250.00 received)
- Vivek Sawhney: 1,50,000 shares (₹7,31,250.00 received)
- Vaishali Yatin Shah: 1,50,000 shares (₹7,31,250.00 received)
- BGP 11 Analytics Private Limited: 1,50,000 shares (₹7,31,250.00 received)
- Gaurav Singh: 1,00,000 shares (₹4,87,500.00 received)
- Amit Kumar: 1,00,000 shares (₹4,87,500.00 received)
- Master Capital Services Ltd: 1,00,000 shares (₹4,87,500.00 received)
- Amit Puri (HUF): 1,00,000 shares (₹4,87,500.00 received)
- Prakash Chandra Pareek: 50,000 shares (₹2,43,750.00 received)
- Ishani Bansal: 50,000 shares (₹2,43,750.00 received)
- Pramod Singh Negi: 50,000 shares (₹2,43,750.00 received)
Capital Structure Impact
Subsequent to the allotment, the paid-up equity share capital of the company increased from ₹5,80,10,500 to ₹10,15,10,500, comprising 10,15,10,500 equity shares of face value of ₹1/- each.
Shareholding Pattern Changes
Detailed pre and post-allotment shareholding changes were provided:
- Mangilal Goenka: Increased from 9.05% to 7.08% (71,87,500 shares)
- Sunil Kumar Goenka: Increased from 9.05% to 7.08% (71,87,500 shares)
- Binod Kumar Goenka: Increased from 19.91% to 15.58% (1,58,12,520 shares)
- Dilip Kumar Goenka: Increased from 34.39% to 26.91% (2,73,12,500 shares)
- Securocrop Securities India Private Limited: Increased from 3.86% to 20.19% (2,04,91,780 shares)
Additional Information
The allotment was made in dematerialized form, and the equity shares rank pari-passu with existing equity shares of the company in all respects. The transaction was conducted in accordance with SEBI ICDR Regulations and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.