Kalind Limited has announced the outcome of its Rights Issue Committee meeting held on January 23, 2026, setting key parameters for its upcoming rights issue worth ₹120.51 crores. The committee approved January 30, 2026 as the record date for determining eligible shareholders for the rights offering.

Rights Issue Structure and Pricing

The rights issue involves fully paid-up equity shares with a face value of ₹10 each, priced at ₹17 per share including a premium of ₹7. The company will issue 7,08,90,000 rights equity shares for a total amount of ₹1,20,51,30,000, assuming full subscription.

Rights Issue Timeline

The rights issue follows a structured timeline beginning with the record date and concluding with share listing. Eligible shareholders will receive rights entitlements based on their holdings as of January 30, 2026.

Share Capital Impact

The rights issue will significantly expand the company's equity base. Prior to the rights issue, Kalind Limited has 5,10,00,000 outstanding equity shares. Upon full subscription, the total outstanding shares will increase to 12,18,90,000 equity shares.

Regulatory Approvals and Documentation

The rights issue received in-principle approval from BSE Limited on January 20, 2026. The Rights Issue Committee also approved the Letter of Offer to be filed with SEBI and BSE Limited. The ISIN for credit of dematerialized rights entitlements is INE377D20026.

Meeting Details

The Rights Issue Committee meeting commenced at 12:05 p.m. and concluded at 12:30 p.m. on January 23, 2026. This follows the Board of Directors' approval on December 27, 2025, for issuing equity shares not exceeding ₹121 crores through a rights issue. The company had previously rescheduled the committee meeting multiple times, with intimations sent on January 7, 12, 14, and 20, 2026.

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.