Krishna Capital Promoter Stake Sale, Open Offer Triggered

Board approved SPA for sale of 42.87% promoter stake (13,53,892 shares) to new acquirers at Rs. 20 per share.
Preferential issue of up to 3 crore equity shares at Rs. 20/share approved, aggregating Rs. 60 crore to 5 investors.
Authorized share capital to be increased from Rs. 4 crore to Rs. 34 crore; EGM scheduled for April 25, 2026.
Acquisition triggers mandatory open offer under SEBI SAST Regulations; board reconstitution by acquirers expected post-completion.