Arunis Abode has announced the complete schedule for its upcoming rights issue, providing shareholders with a comprehensive timeline for the February 2026 offering under Regulation 42.

Rights Issue Timeline

The company has established a structured timeline beginning with the credit of rights entitlements and concluding with the listing of new shares. The rights issue will span approximately two weeks, providing eligible shareholders sufficient time to participate in the offering.

Renunciation Guidelines

The company has provided specific instructions for shareholders regarding the renunciation of rights entitlements. For off-market renunciation, eligible equity shareholders must ensure that the renunciation through off-market transfer is completed in such a manner that the rights entitlements are credited to the demat accounts of the renouncees on or prior to the rights issue closing date.

Post-Issue Process

Following the closure of the rights issue, Arunis Abode has outlined the subsequent steps for allotment and listing of the new equity shares.

The company has indicated that the dates for finalisation of basis of allotment, allotment of shares, crediting of equity shares, and listing of shares are approximate and may be subject to regulatory approvals and market conditions.

Kalind Limited (formerly known as Arunis Abode Limited) has postponed its Rights Issue Committee meeting to January 20, 2026, as the company awaits in-principle approval from BSE Limited for its proposed ₹121.00 crore rights issue. The real estate company had initially scheduled the committee meeting for January 12, 2026, following board approval of the fundraising initiative on December 27, 2025.

Meeting Postponement and Regulatory Approval Status

The Rights Issue Committee meeting has been rescheduled multiple times due to ongoing regulatory processes. Initially planned for January 12, 2026, the meeting was first postponed to January 14, 2026, and has now been further delayed to January 20, 2026. The postponement is attributed to BSE Limited's ongoing review of the Draft Letter of Offer (DLOF), with the company awaiting in-principle approval from the stock exchange.

Rights Issue Framework and Committee Agenda

The board has approved a rights issue to raise funds through issuance and allotment of equity shares having face value of ₹10.00 each, up to an aggregate amount not exceeding ₹121.00 crore. This fundraising initiative will be offered on a rights basis to eligible equity shareholders as on the record date, which will be notified subsequently.

The Rights Issue Committee will consider and decide various matters including the rights issue price and related payment mechanism, rights entitlement ratio, the record date and timing of the rights issue, subject to receiving in-principle approval from relevant stock exchanges and regulatory authorities.

Leadership and Governance Appointments

The company has strengthened its governance framework through key appointments made during the December 27, 2025 board meeting. Based on the Audit Committee's recommendation, the board approved the appointment of M/s. Mishra Karwa & Co., Chartered Accountants (Firm Registration No. 127711W) as Joint Statutory Auditors alongside the existing statutory auditors M/s. JMMK & Co., subject to shareholder approval.

Additionally, Mr. Vishal Patil (DIN: 08054088) has been appointed as Additional Director, Non-Executive and Independent, effective December 27, 2025, for a five-year term until December 26, 2030, subject to shareholder approval.

Regulatory Compliance and Next Steps

The Rights Issue Committee meeting is being conducted in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has been providing regular updates to BSE under Regulation 30 of the SEBI Listing Regulations regarding the meeting postponements and regulatory approval status.