Kalind Limited has scheduled a board meeting for September 17, 2026, to reconsider its proposal for raising funds. The session aims to review the size, structure, and terms of the capital raise previously considered in August.

The company notified the Department of Corporate Services at BSE on September 14, 2026, under Regulation 29 of the SEBI Listing Regulations. The agenda includes reviewing and amending the fund-raising proposal approved by the Board at its meeting on August 28, 2026.

Agenda Details

The Board will consider modifications to the following aspects of the fund raise:

• Size of the issue
• Structure and terms
• Mode and manner of fundraising

Ayush Jasani, Vice Chairman and Managing Director, signed the intimation. The DIN for Jasani is 09842741.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window remains closed for designated persons, insiders, and their immediate relatives. The closure is effective from September 14, 2026, until 48 hours after the conclusion of the Board meeting.

Abhishek Ashvinbhai Kamdar HUF reduced its stake in Kalind Ltd to 4.59% following the disposal of 2.91 crore equity shares. The transaction was executed through open market and off-market channels between April 7, 2026, and September 8, 2026.

The entity filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the BSE Limited on September 8, 2026. The filing details the change in shareholding and voting rights for the target company.

Shareholding Changes

Prior to the disposal, Abhishek Ashvinbhai Kamdar HUF held 7,11,06,787 equity shares, representing 7.77% of the total share capital. This pre-disposal figure reflects adjustments for corporate actions, specifically a stock split and bonus issue, applied to an earlier holding of 94,80,905 shares.

The entity sold 2,91,24,024 shares, which accounted for 3.18% of the total voting capital. No warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction.

Capital Structure Context

The disclosure notes a change in the company's equity share capital structure during the reporting period. Before the acquisition/sale period began, the total voting capital consisted of 1,21,89,000 shares with a face value of ₹10 each, aggregating to ₹121.89 crore.

Following corporate actions, the total voting capital stood at 9,14,17,500 shares with a face value of ₹2 each, aggregating to ₹182.84 crore. The diluted share capital remains identical to the post-action equity capital at 9,14,17,500 shares.

The acquirer is not part of the promoter or promoter group of Kalind Ltd. There were no encumbrances, pledges, or liens on the shares held by the HUF either before or after the disposal.