Kilburn Engineering has allotted 3,91,968 equity shares upon the conversion of warrants, as approved by the Share Allotment Committee on August 05, 2025. This allotment increases the company's paid-up equity share capital.
The allotment was made at an issue price of ₹166 per share to M/s. Tusk Investments Limited, a public category allottee, following the conversion of warrants previously allotted on February 07, 2024.
Following the preferential allotment, the company's paid-up equity share capital has increased from ₹51.04 Crores, comprising 5,10,45,890 equity shares of ₹10 each, to ₹51.43 Crores, comprising 5,14,37,858 equity shares of ₹10 each.
The allotment of equity shares is in accordance with SEBI regulations and other applicable rules. The equity shares allotted on conversion will rank pari passu with the existing equity shares.
| Particulars | Details |
|---|---|
| Type of Securities Issued | Equity Shares allotted pursuant to exercise of option of conversion of warrants into equity shares. |
| Type of Issuance | Preferential Allotment |
| Total Number of Securities Issued | Allotment of 3,91,968 equity shares of face value ₹10 each, pursuant to conversion of 3,91,968 warrants, against receipt of the balance subscription amount (i.e. 75% of the issue price of ₹ 166), aggregating to ₹4.88 Crores. |
| Number of Investors | 1 (One) |
| Names of the Investors | M/s. Tusk Investments Limited (Formerly known as Amodini Sales Private Limited) |
| Issue price / allotted price | Warrants were allotted to the aforesaid warrant holder on 07.02.2024 at an issue price of ₹ 166. |
| Post allotment of securities | Pursuant to aforesaid conversion, the issued, subscribed and paid up Equity share capital of the Company stands increased to Rs. 51,43,78,580/- consisting of 5,14,37,858 equity shares of Rs. 10/- each. Issue price / allotment price: Rs 166/- per share Number of investors: 1 (One) |
| Conversion Details | Allotment of 3,91,968 equity shares, having face value of Rs. 10/- each, pursuant to the conversion of balance 3,91,968 warrants. |
The meeting of the Share Allotment Committee, during which this decision was made, commenced at 03:30 PM and concluded at 03:40 PM.
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