Kilburn engineering has successfully completed the allotment of 5,00,000 equity shares through warrant conversion, raising Rs. 21.25 crores from promoter entities. The Share Allotment Committee approved this conversion on 24th December, 2025, with the actual allotment taking place on 27th March, 2026.

Share Allotment Details

The company allotted 5,00,000 equity shares of face value Rs. 10/- each at an issue price of Rs. 425/- per share to three promoter entities:

Warrant Conversion Process

The allotment resulted from the conversion of warrants originally issued on 16th November, 2024. The warrant conversion details show the systematic exercise of conversion rights:

Financial Structure

The warrant structure followed a two-stage payment mechanism. Initially, 25% of the issue price (Rs. 106.25 per warrant) was paid upfront during warrant allotment, totaling Rs. 5,31,25,000/-. The remaining 75% (Rs. 318.75 per warrant) was received during conversion, amounting to Rs. 15,93,75,000/-, bringing the total consideration to Rs. 21,25,00,000/-.

Impact on Share Capital

Following this preferential allotment, Kilburn Engineering's paid-up equity share capital increased significantly:

Regulatory Compliance

The allotment was conducted in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newly allotted equity shares will rank pari passu with existing equity shares of the company. The Share Allotment Committee meeting was held from 7:10 P.M. to 7:40 P.M. to approve the conversion and allotment process.

Kilburn Engineering Ltd has announced securing new orders worth Rs 545.8 million (Rs 5458 lacs), as disclosed under Regulation 30 of SEBI listing requirements. The comprehensive order package encompasses multiple industrial sectors, reflecting the company's broad market reach and technical expertise across various drying technologies.

Official Order Breakdown

According to the regulatory filing dated March 24, 2026, the order portfolio includes diverse industrial equipment across multiple sectors:

Business Impact and Market Reach

The Rs 545.8 million order value represents a significant addition to Kilburn Engineering's order book, spanning across multiple industrial verticals. The company confirmed that all orders were received in the ordinary course of business, indicating strong market demand for their industrial drying solutions.

The diverse nature of the orders demonstrates the company's established presence in various sectors including mining, food processing, chemical, pharmaceutical, and tea manufacturing industries. This diversification provides stability and reduces dependency on any single industrial sector.

Product Portfolio Strength

The order composition highlights Kilburn Engineering's comprehensive product portfolio in industrial drying solutions. The limestone rotary dryers cater to the mining and cement sectors, while the palm oil processing equipment serves the food industry. The VFBs (Vibro Fluidized Bed Systems) and band dryer technology represent advanced drying solutions for chemical and pharmaceutical applications.

Notably, the service parts and spares component worth Rs 79.6 million indicates strong aftermarket business, which typically provides higher margins and recurring revenue streams for industrial equipment manufacturers. This segment represents approximately 14.6% of the total order value, demonstrating the company's established customer base requiring ongoing maintenance support.