Kontor Space Limited Sets Relevant Date for Preferential Issue of Equity Shares and Convertible Warrants

Kontor Space Limited Sets Relevant Date for Preferential Issue of Equity Shares and Convertible Warrants

Kontor Space Limited Sets Relevant Date for Preferential Issue of Equity Shares and Convertible Warrants​

Kontor Space Limited has clarified the relevant date governing the preferential issue of Equity Shares and Convertible Warrants scheduled for an upcoming Extra Ordinary General Meeting (EGM). The clarification relates to the proposed issuance, which includes both equity shares and convertible warrants on a preferential basis.

The company confirmed that the EGM is set to take place on Friday, July 10, 2026. During this meeting, shareholders will be put to vote on the issue of Equity Shares and Convertible Warrants, as outlined in the EGM Notice dated June 18, 2026.

The definition of the relevant date is guided by applicable regulations concerning capital issuance. For the preferential issue of equity shares, the relevant date must be thirty days prior to the date of the shareholders' meeting. Similarly, for the issue of convertible warrants on a preferential basis, the relevant date must align with either the date determined for equity shares or a date thirty days before the holders become entitled to apply for the equity shares.

Kontor Space Limited has officially set the relevant dates as follows:

Issue TypeGoverning Date StandardRelevant Date
Equity Shares (Preferential Basis)30 days prior to EGMJune 10, 2026
Convertible Warrants (Preferential Basis)Based on applicable criteriaJune 10, 2026

The determination of the relevant date for both the Equity Shares and the Convertible Warrants issuance is June 10, 2026. This date falls thirty days prior to the scheduled EGM.

Kontor Space Limited stated that this clarification pertains solely to the Relevant Date mentioned in Resolution No. 1 of the Explanatory Statement forming part of the EGM Notice and confirms that all other terms and contents of the EGM Notice remain unchanged.

KONTOR Stock Price Movement​

Today, shares of Kontor Space Limited settled at ₹63 after closing flatly, marking a day of neutral trading. The stock traded on 3,600 shares during the session, charting an intraday range between ₹59 and ₹63.
 

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.

Last edited by a moderator:
Back
Top