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Kiri Industries allotted warrants totaling Rs 288.92 crore to promoters via a preferential issue
07-Nov-2026, 12:42
Kiri Industries Limited announced the allotment of 60,82,600 warrants at an issue price of Rs 475 per warrant, totaling Rs 288,92,35,000, to promoters and members of the promoter group via a preferential issue, according to a filing with the BSE Limited and National Stock Exchange of India Limited on November 7, 2026; the company received Rs 123.50 per warrant, representing 26.00% of the issue price, amounting to Rs 75,12,01,100, with Manishkumar Kiri, Anupama Manishkumar Kiri, and Hemil Manishkumar Kiri receiving 20,27,600, 10,27,500, and 30,27,500 warrants respectively.
