Kridhan infra Limited has announced the successful completion of its preferential issue through the allotment of 48,00,000 fully paid-up equity shares. The company disclosed this development to stock exchanges on March 17, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Allotment Details

The preferential allotment was executed through the conversion of warrants, with the company issuing equity shares at ₹4.05 per share, including a premium of ₹2.05 per share. The total proceeds from this allotment amount to ₹1,94,40,000.

Investor Allocation

The allotment was made to four investors, with each receiving an equal allocation of 12,00,000 equity shares:

Warrant Conversion Process

The allotment represents the successful conversion of warrants into equity shares following the receipt of the balance 75% of the issue price from warrant holders. This completion indicates that all warrant holders exercised their rights and fulfilled their payment obligations for the conversion process.

Regulatory Compliance

Kridhan Infra Limited's disclosure was made pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full compliance with regulatory requirements. The announcement was signed by Managing Director Gautam Joginderlal Suri and communicated to both BSE and NSE for appropriate dissemination to stakeholders.

Kridhan infra Limited has announced its strategic foray into film production and media technology through its subsidiary Kridhan Mediatech Private Limited, marking a significant diversification from its core infrastructure business. The company disclosed this development under Regulation 30 of SEBI (LODR) Regulations, 2015, highlighting its entry into the emerging intersection of artificial intelligence and entertainment.

Maiden AI-Led Feature Film Release

Kridhan Mediatech has successfully released its debut production, "SHATAK: Sangh Ke 100 Varsh", described as one of the world's first AI-led full-length feature films. The film commemorates the centenary journey of the Rashtriya Swayamsevak Sangh, presenting historical narratives through advanced technological integration.

Technology Integration and Innovation

The production integrates artificial intelligence across multiple stages of filmmaking, including scripting, visualization, environment creation, modeling, and production design. This comprehensive AI implementation represents what the company believes to be among the early attempts globally at creating a full-length feature film using AI-driven workflows.

The film blends historical storytelling with technological innovation, demonstrating how AI can enhance large-format storytelling while maintaining emotional depth and modern execution standards.

Strategic Vision and Market Positioning

Kridhan Mediatech's long-term vision extends beyond individual productions to encompass a broader canvas of film production and media technology capabilities. The company's strategic focus areas include:

• Artificial Intelligence integration in content creation
• Computer-Generated Imagery (CGI) development
• Virtual production systems
• Scalable content creation models for theatrical and digital platforms

Alignment with National Digital Ambitions

This initiative aligns with India's expanding digital ambitions and the government's vision to establish the country as a global AI hub. The project reflects the Prime Minister's call to "Design in India, deliver to the world," demonstrating how AI-powered content creation can originate domestically and achieve global resonance.

The company positions this venture as a potential disruptor in the film industry, introducing a new production model that could revolutionize content creation methodologies. Through this strategic diversification, Kridhan Infra Limited aims to establish a competitive presence in the technology-enabled entertainment sector while contributing to India's growing reputation in AI innovation.