Key Dates

  • Original EGM Notice Date: September 21, 2026
  • Corrigendum Date: October 08, 2026
  • EGM Date: October 14, 2026 (to be held via Video Conferencing/Other Audio-Visual Means)
  • Reference Date for Shareholding Data: September 11, 2026

Modifications to Explanatory Statement

1. Shareholding Pattern Update (Annexure A)

The complete shareholding pattern before and after the preferential issue has been updated:

Preferential Issue Impact on Shareholding (as of September 11, 2026):

  • Promoter Group holding decreases from 23.57% to 20.05% (4,17,85,126 shares unchanged)
  • Non-Promoter Group increases from 76.43% to 79.95%
  • Domestic Institutions: 17.90% to 23.40%
  • Foreign Institutions: 7.99% to 10.69%
  • Non-Institutions: 50.54% to 45.85%
  • Outstanding ESOPs: 46,40,960 shares (2.23% post-issue)

2. Proposed Allottees Details (Annexure B)

The corrigendum provides detailed information on 34 proposed allottees including:

  • Names and categories (FPIs, Mutual Funds, AIFs, Individuals, Corporate entities)
  • Current and post-issue shareholding
  • Ultimate beneficial ownership information
  • Addresses and countries of incorporation

Selected Allottee Details:

  • 238 Plan Associates, LLC (USA): 4,77,539 shares (0.23% post-issue)
  • 360 One Equity Opportunity Fund: 6,36,719 shares (0.31% post-issue)
  • Massachusetts Institute of Technology: 25,46,878 shares (1.22% post-issue)
  • HDFC Banking & Financial Services Fund: 34,39,411 shares (1.65% post-issue)
  • Various mutual funds, AIFs, and individual investors

3. Objects of Issue Clarification

Added clarificatory paragraph stating that proceeds from the preferential issue shall be utilized solely for:

  • (a) Business expansion and growth initiatives
  • (b) General corporate purposes

After adjustment of expenses related to the preferential issue from the proceeds allocated to 'General Corporate Purposes'.

Circulation and Availability

The corrigendum is being circulated electronically to members with registered email addresses. It is available on:

  • Company website: www.kissht.com
  • NSE website: www.nseindia.com
  • BSE website: www.bseindia.com
  • NSDL website: www.evoting.nsdl.com