Krishna Capital EGM: Preferential Issue, Control Change

• Krishna Capital & Securities Ltd has convened an EGM on April 25, 2026, to approve four special business items including a ₹60 crore preferential issue.
• The company proposes to issue 3,00,00,000 equity shares at ₹20 each, triggering an Open Offer under SEBI SAST Regulations with two new acquirers gaining 74.96% post-issue stake.
• Authorized share capital is proposed to increase 8.5x from ₹4 crore to ₹34 crore, and borrowing limit to be set at ₹500 crore under Section 180(1)(C).
• Mr. Vinodkumar Bhanwer Singh, a retired SBI General Manager, is proposed for regularization as Executive Director effective March 26, 2026.