Khadim India Ltd Approves Issuance of Over 10 Lakh Warrants at EGM
Khadim India Ltd confirmed significant developments regarding its capital structure following an Extra-ordinary General Meeting held on August 01, 2026. Shareholders passed a Special Resolution granting approval for the issuance of Fully Convertible Equity Share Warrants on a preferential basis.The resolution approved by members concerns the issuance of 10,22,727 Warrants, each valued at ₹ 10. These warrants are intended for preferential issuance under relevant capital market regulations.
In connection with the issue of these Warrants, the Company has provided specific declarations regarding the issuance process. The company confirmed that it will re-compute the issue price of the Warrants if required by the governing regulations. Furthermore, the company stated that if any amount payable due to the re-computation of the issue price is not paid within the stipulated timeframe, the Warrants allotted under the preferential issue shall remain locked in until such payment is completed by the allottee(s).
KHADIM Stock Price Movement
Khadim India Limited shares on Wednesday slipped by 0.97% to close at ₹96.78, shedding ₹0.95 from their previous close. The equity saw a traded volume of 20,005 shares during the session.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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