Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Fundraising Approval
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board of Directors has approved raising funds through a Rights Issue of Equity Shares.
- Face Value: ₹1 per equity share
- Eligibility: Equity shareholders of the Company as on record date (to be determined and notified subsequently)
- Approvals Required: Subject to statutory/regulatory approvals and other required approvals
- Regulatory Framework: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 along with relevant SEBI circulars
- Terms to be determined: Issue size, issue price, rights entitlement ratio, Record Date, issue period, terms of payment and other related matters
- Future Communication: Detailed terms will be determined in due course and intimated to Stock Exchanges in accordance with applicable laws and regulations
Other Significant Information:
The outcome has been uploaded on the Company's website at www.kellton.com
Entities included/excluded in consolidation:
Not Specified
Exceptional items or one-time adjustments:
Not Specified
Change in accounting policy:
Not Specified
Forward-looking guidance or management outlook:
Not Specified