KCK Industries Approves Preferential Share Issue and Strategic Demerger of Land Assets to Subsidiary

KCK Industries Approves Preferential Share Issue and Strategic Demerger of Land Assets to Subsidiary​

KCK Industries Limited, in a significant corporate move, announced on July 3, 2026, the approval of several key strategic decisions by its Board of Directors. The approvals cover a major preferential equity issue, a scheme for transferring land assets to a wholly owned subsidiary, changes in company addresses, and updates regarding key managerial personnel appointments.

The Board sanctioned an offer for up to 25 million equity shares through a Preferential Issue, subject to shareholder approval via a Special Resolution. These shares, which have a face value of Rs. 2/- each, are available at an issue price of Rs. 20/- per share. This preferential allotment is structured to aggregate up to Rs. 50,00,00,000/- (Fifty Crores Only).

The proposed allottees for this issuance include Jayd Trade Private Limited, Sheorayan Engineers & Associates Private Limited, Madhuson Exports Limited, Shreemant Vitthal Mule, Sagar Dattatrya Nivekar, and Gilded Technologies Private Limited. These investors have a mix of Promoter Group and Public status.

The details regarding the post-allotment shareholding for selected allottees are as follows:

Land Asset Transfer and Strategic Demerger​

Additionally, the Board approved the draft scheme of arrangement for the de-merger of land assets held by KCK Industries Limited (the Demerged Company). The land assets will be transferred to KCK Infratech Private Limited, a wholly owned subsidiary of KCK Industries.

The move is intended to facilitate the establishment of the business within the subsidiary for operational efficiency. KCK Infratech, which specializes in information technology and digital infrastructure, will utilize the land to set up its facility and develop a Corporate Centre. The scheme involves no cash consideration or share exchange ratio, as the transfer is between two companies under the same holding structure.

Office Relocation and Personnel Changes​

The Company also approved the shifting of both its Registered and Corporate Offices within Chandigarh. The new shared addresses for both offices are SCO 198, Bridge Road, Near Orra Shopping Plaza, Sector 17, Chandigarh.

In a change in key managerial personnel, the Board noted the resignation of Mrs. Harsimran Jitkaur from her role as Company Secretary and Compliance Officer (Key Managerial Personnel), effective June 27, 2026. Ms. Madhu Kaushik was subsequently appointed as the new Company Secretary & Compliance Officer (Key Managerial Personnel), with effect from July 3, 2026. Ms. Kaushik holds an Associate Membership of the Institute of Company Secretaries of India and has an LLB degree.

The Board also approved convening an Extra Ordinary General Meeting to seek shareholder approval for the Preferential Issue and for the appointment and regularization of Mrs. Bhawna Saunkhiya as a Non-Executive Independent Director of the company. Mr. Sumit Bajaj, a Practicing Company Secretary, was appointed as Scrutinizer to conduct the E-Voting process for the meeting.

KCK Stock Price Movement​

Today, Kck Industries Limited shares edged higher to settle at ₹13.70 in post-market trading after gaining 4.18%. The stock traded robustly during the session, achieving a total volume of 922,500 shares.