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Kanungo Financiers Board Approves ₹81 Crore Preferential Issue And Acquisitions


24 July 2026
Kanungo Financiers Ltd.

Board approved increase in authorized share capital to Rs 50 Cr, acquisition of 19.5% stakes in Startech Infralogistics and Peepal Mining for Rs 42.49 Cr and Rs 38.83 Cr respectively via share swap (issue of 4.06 Cr shares at Rs 20 each). MD & CFO resigned; new Executive Director & CFO appointed. EOGM on Aug 21.


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