IndoThai Securities Acquires and Divests 0.14% Stake in Arunis Abode Following Rights Issue
Arunis Abode Limited, now known as Kalind Limited, conducted a rights issue expanding its equity base from Rs. 3 crores to Rs. 51 crores. IndoThai Securities Limited and its PACs acquired shares through the rights issue and open market purchases, briefly holding a 0.14% stake. However, they subsequently divested their entire shareholding. The company announced plans to shift its registered office, explore reclassification of a promoter, establish a UAE subsidiary, and potentially raise Rs. 50 crores through a preferential issue.

*this image is generated using AI for illustrative purposes only.
Arunis Abode Limited recently engaged in a series of transactions involving its shares, following a significant rights issue. This corporate action has led to changes in shareholding patterns and capital structure, as disclosed in recent regulatory filings.
Rights Issue and Share Acquisition
Arunis Abode Limited conducted a rights issue to bolster its equity capital. The company's equity base expanded from Rs. 3 crores (30 lakh shares) to Rs. 51 crores (5.1 crore shares), with each share having a face value of Rs. 10.
In the wake of this rights issue, IndoThai Securities Limited, along with persons acting in concert (PACs) Rajendra Bandi and Sunita Bandi, were allotted shares:
| Entity | Shares Allotted in Rights Issue |
|---|---|
| IndoThai Securities Limited (with PACs) | 30,29,588 |
Open Market Transactions
Following the rights issue, IndoThai Securities Limited engaged in open market purchases of Arunis Abode shares:
| Date | Shares Acquired |
|---|---|
| October 24, 2025 | 1,00,000 |
| October 31, 2025 | 2,00,000 |
| November 4, 2025 | 4,27,534 |
| Total | 7,27,534 |
Additionally, the PACs also acquired shares:
| Date | PAC | Shares Acquired |
|---|---|---|
| October 28, 2025 | Rajendra Bandi | 1,000 |
| October 28, 2025 | Sunita Bandi | 1,000 |
Shareholding Changes
The transactions resulted in the following shareholding pattern:
| Entity | Shares Held | Percentage Stake |
|---|---|---|
| IndoThai Securities Limited | 7,27,534 | 0.14% |
| Rajendra Bandi | 1,000 | 0.00% |
| Sunita Bandi | 1,000 | 0.00% |
| Total | 7,29,534 | 0.14% |
Subsequent Divestment
LODR data reveals that IndoThai Securities Limited and its PACs have subsequently divested their entire stake in Arunis Abode Limited. As of the latest disclosure, their shareholding stands at 0%.
Corporate Developments
In related news, Arunis Abode Limited, now known as Kalind Limited, has announced several corporate actions in a board meeting held on November 6, 2025:
- The company plans to shift its registered office within Surat, Gujarat.
- Subject to necessary approvals, the company is considering the reclassification of Mr. Yagnik Tank from the Promoter category to the Public category.
- The board is exploring the establishment of a wholly-owned subsidiary in the United Arab Emirates.
- The company is contemplating raising funds up to Rs. 50 crores through a preferential issue of warrants or other securities.
These developments, along with the recent share transactions, indicate significant changes in Arunis Abode Limited's corporate structure and strategy.
Historical Stock Returns for Arunis Abode
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.59% | +15.98% | +16.05% | +439.16% | +3,735.88% | +6,511.84% |






































