Kanoria Chemicals Allotted Unlisted Preference Shares Worth Rs. 49.50 Crores from R. V. Investment And Dealers Limited
Kanoria Chemicals & Industries Limited has received an allotment of Unlisted 7% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares from R. V. Investment And Dealers Limited.According to details provided by the investor, R. V. Investment And Dealers Limited allotted 4,95,000 Unlisted 7% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares. Each share has a face value of Rs. 1,000/-, resulting in an aggregate transaction value of Rs. 49.50 Crores.
The transaction details confirm the allotment of the securities by R. V. Investment And Dealers Limited to Kanoria Chemicals & Industries Limited.
The key financial and security details of the allotment are summarized below:
| Detail | Value |
|---|---|
| Recipient Company | Kanoria Chemicals & Industries Limited |
| Allotting Entity | R. V. Investment And Dealers Limited |
| Type of Security | Unlisted 7% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares |
| Number of Shares Allotted | 4,95,000 |
| Face Value per Share | Rs. 1,000/- |
| Aggregate Value | Rs. 49.50 Crores |
| Date of Allotment Advice | 20.04.2026 |
KANORICHEM Stock Price Movement
Today, Kanoria Chemicals & Industries Limited shares edged higher, gaining 4.93% to settle at ₹81.58. The movement occurred on a total traded volume of 49,695 shares, indicating strong investor interest in the industrial goods sector today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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