Kanel Industries Ltd to Hold Board Meeting for Rights Issue and Fund Raising

Kanel Industries Ltd to Hold Board Meeting for Rights Issue and Fund Raising​

Kanel Industries Limited has scheduled a meeting of its Board of Directors to address plans for raising funds through a rights issue of equity shares.

The company's Board Meeting is set to take place on Thursday, July 30, 2026. The proposed agenda includes considering the matter of raising funds by offering and issuing equity shares via a rights issue.

The board meeting is scheduled so that it can consider the proposal subject to the receipt of necessary regulatory and other approvals.

Stock Price Movement​

Kanel Industries Ltd settled at ₹57.47 in the market closing on Monday, having ticked up nearly 5% and posting a gain of +₹2.73. The shares traded completely flat for the day, as the high and low remained perfectly aligned with the settlement price.

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