Board allotted 4744200 equity shares at Rs 106 each aggregating Rs 50.29 Cr via preferential issue. Paid-up capital rises to 26275434 shares from 21531234 shares. First equity raise since listing, closing pending preferential issue agenda. Material dilution with issue size similar to IPO; shifts funding after IPO cash largely repaid debt. Adds ~22% to share count, easing thin cash and working capital strain. Allottee names, use of proceeds and pricing basis not disclosed; dividend and leadership reappointments still pending.
Kataria Industries Board Approves ₹63.6 Crore Preferential Share Issue
Kataria Industries Approves ₹63.6 Crore Preferential Issue To Six Investors
Kataria Industries Schedules Board Meeting To Consider Preferential Equity Issue