Kanoria Chemicals Approves Letter of Offer for Non-Convertible Preference Shares

Kanoria Chemicals Approves Letter of Offer for Non-Convertible Preference Shares​

Kanoria Chemicals & Industries Limited announced that its Board of Directors, during a meeting held on April 13, 2026, approved a Letter of Offer for Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares (NCRPS).

The approval regarding the Letter of Offer for the NCRPS was made by the Board of Directors. This development followed the sanction of the preference shares at an Extraordinary General Meeting held on April 13, 2026. The Board meeting commenced at 11:00 a.m.

KANORICHEM Stock Price Movement​

As of 11:44 AM, shares of Kanoria Chemicals & Industries Limited are shedding 0.52% in live trading, currently standing at ₹71.37. The stock is tracking through its session volume, with 6,044 shares recorded in activity.

Source:​

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.