KBS India Approves ₹2.5 Crore Promoter Preference Share Fundraise

Board approved a preferential allotment of 2,50,000 6% non-convertible redeemable preference shares of Rs 100 each, aggregating Rs 2.5 Cr, to promoter and Chairman & Managing Director Tushar Suresh Shah, subject to shareholder approval. The funds are intended for long-term capital and working-capital requirements. The Annual General Meeting is scheduled for 18 September 2026. The issue provides promoter-funded capital without conversion into equity; redemption terms, expected deployment and impact on leverage or working-capital needs were not disclosed.