Kalind
99.00
-0.89(-0.89%)
Market Cap₹1,206.75 Cr
PE Ratio70.84
Company Performance:
1D-0.89%
1M+18.98%
6M+12.24%
1Y+1,146.85%
5Y+4,094.92%
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More news about Kalind
28Mar 26
Kalind Limited EGM Achieves 100% Approval Rate Across All 9 Resolutions
Kalind Limited successfully conducted its Extraordinary General Meeting on March 27, 2026, achieving unanimous approval for all nine resolutions including key leadership appointments, financial authorizations, and regulatory compliance measures. The meeting demonstrated strong shareholder confidence with 100% approval rates across all categories and comprehensive participation through video conferencing.
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18Mar 26
Kalind Limited Announces Resignation of Independent Director Mr. Gaurav Luthra
Kalind Limited announced the resignation of Independent Director Mr. Gaurav Luthra (DIN: 08023492) effective March 17, 2026, due to personal and professional considerations. The resignation was primarily attributed to geographical distance between his base in Agra and company operations in Surat, along with his professional commitments as a Practicing Chartered Accountant. Mr. Luthra has stepped down from all Board Committees and confirmed no other material reasons for resignation. The company has filed necessary regulatory disclosures with BSE under SEBI Listing Regulations.
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16Mar 26
Kalind Limited Appoints Anju Surajsingh Chauhan as Company Secretary and Compliance Officer
Kalind Limited has appointed Mrs. Anju Surajsingh Chauhan (ACS-62809) as Company Secretary and Compliance Officer effective March 16, 2026, following Board approval based on Nomination and Remuneration Committee recommendations. Mrs. Chauhan brings 4 years of experience in corporate secretarial and compliance functions for listed companies. She will also serve as Key Managerial Personnel under the Companies Act, 2013, and will be responsible for determining materiality of events for Stock Exchange disclosures under SEBI LODR Regulations.
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07Mar 26
Kalind Limited Withdraws Proposed Acquisition of DBJ Multi Services Private Limited
Kalind Limited has withdrawn from its proposed acquisition of DBJ Multi Services Private Limited and associated preferential issue following internal strategic review. The company informed BSE on March 7, 2026, that it will not proceed with acquiring 50,00,000 equity shares representing 100% stake in the target company, citing reassessment of commercial and strategic considerations.
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01Mar 26
Kalind Limited Board Meeting Outcome: ₹310 Crore Acquisition and Management Changes
Kalind Limited announced comprehensive corporate restructuring including strategic acquisition of DBJ Multi Services for ₹310 crores through share swap mechanism, key management changes with new CFO and auditor appointments, substantial increase in financial limits to ₹1000 crores across borrowing and investment parameters, and authorized share capital expansion from ₹122 crores to ₹1000 crores.
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20Feb 26
Kalind Limited Promoter Group Holdings Drop to 13.92% Despite Rights Issue Participation
Kalind Limited's recent rights issue led to significant shareholding changes, with the promoter group led by Ayush Dharmendrabhai Jasani seeing their combined holding decrease from 18.42% to 13.92% despite acquiring 75,69,358 shares, while non-promoter Abhishek Kamdar HUF increased its stake from 3.42% to 5.48% by acquiring 49,41,268 shares. The rights issue expanded the company's equity base from 5.10 crore to 12.19 crore shares.
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16Feb 26
Kalind Limited Board Meeting Outcome: Q3 FY26 Results and Auditor Resignation
Kalind Limited announced strong Q3 FY26 financial performance with standalone revenue of ₹1490.79 lakh and net profit of ₹301.49 lakh, marking significant improvement from previous year's loss. The Board also approved resignation of joint statutory auditors citing resource constraints.
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23Jan 26
Kalind Limited Announces ₹120.51 Crore Rights Issue with Record Date January 30, 2026
Kalind Limited's Rights Issue Committee approved a ₹120.51 crore rights issue on January 23, 2026, setting January 30, 2026 as the record date. The company will issue 7.09 crore shares at ₹17 each in a 139:100 ratio. The issue opens February 9 and closes February 16, 2026, with listing expected by February 18, 2026.
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23Jan 26
Arunis Abode Announces Rights Issue Schedule with February 2026 Timeline
Arunis Abode has released its rights issue schedule under Regulation 42, with rights entitlements to be credited on February 2, 2026. The issue will open on February 9 and close on February 16, 2026, with specific deadlines for on-market and off-market renunciation of rights entitlements. The allotment process is scheduled for February 17, 2026, followed by the crediting and listing of new equity shares on February 18, 2026.
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14Jan 26
Kalind Limited Postpones Rights Issue Committee Meeting to January 20, 2026
Kalind Limited has postponed its Rights Issue Committee meeting to January 20, 2026, due to ongoing BSE review of the Draft Letter of Offer for its ₹121 crore rights issue. The company had previously strengthened its governance with new auditor and director appointments following December 27, 2025 board meeting.
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12Dec 25
Kalind Limited Cancels Board Meeting, Abandons Rs 328.76 Crore Preferential Issue
Kalind Limited has made a strategic reversal by cancelling its scheduled board meeting and abandoning the previously announced Rs 328.76 crore preferential issue and acquisition plans. The company is now exploring alternative funding options including rights issue and loan arrangements that better align with its growth objectives.
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02Dec 25
Arunis Abode Announces Board Meeting to Discuss Preferential Issue and Acquisition
Arunis Abode has scheduled a board meeting for December 6, 2025, to discuss a proposed preferential issue of equity shares and warrants, and the potential acquisition of a majority stake in DBJ Multi Services Private Limited. The meeting will be held via video conferencing or audio-visual means. The company has announced the closure of its trading window until 48 hours after the board meeting concludes, in compliance with SEBI regulations.
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20Nov 25
Kalind Limited's Statutory Auditor B.R. Pancholi & Co. Resigns Amid Strategic Realignment
B.R. Pancholi & Co., Chartered Accountants, has resigned as the statutory auditor of Arunis Abode (formerly Kalind Limited), effective November 19, 2025. The resignation is attributed to recent ownership changes and a comprehensive strategic realignment within the company. M/s. JMMK & Co., Chartered Accountants, will continue as the sole statutory auditor. The outgoing auditor cited the company's preference for appointing a new audit firm aligned with its revised strategic direction as the primary reason for the resignation.
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20Nov 25
Kalind Limited Promoter Yagnik Bharatkumar Tank Boosts Stake to 3.13%
Yagnik Bharatkumar Tank, a promoter of Arunis Abode (formerly Kalind Limited), has increased his stake from 2.06% to 3.13% through open market transactions on November 19, 2025. The company, with an equity share capital of Rs. 51.00 crores, recently reported significant growth in revenue and profitability for Q2 FY2026. Arunis Abode has also undertaken a rights issue, invested in a subsidiary, and shown substantial increase in property, plant, and equipment, indicating potential business expansion.
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19Nov 25
Kalind Limited Resubmits Q2 FY2026 Results, Reports Robust Revenue and Profit Growth
Kalind Limited, formerly Arunis Abode, resubmitted complete financial results for Q2 and H1 FY2026 due to an initial filing lapse. The company reported substantial revenue growth and turned profitable. Q2 FY2026 saw revenue from operations at ₹1,654.18 lakhs and net profit at ₹825.39 lakhs. H1 FY2026 revenue reached ₹3,013.83 lakhs with ₹1,350.50 lakhs net profit. The company issued 4.8 crore shares and invested in a subsidiary. Auditors issued qualified conclusions, citing lack of proper reconciliation for machinery hire transactions.
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07Nov 25
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.
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06Nov 25
Kalind Limited Announces Strategic Shifts: Office Relocation, UAE Subsidiary, and Fundraising Plans
Arunis Abode's Board of Directors has approved several key decisions. The company will relocate its registered office within Surat, Gujarat, and plans to incorporate a wholly owned subsidiary in the UAE. The Board has approved fundraising of up to Rs. 50.00 crores through preferential issue. Additionally, they've approved the reclassification of Mr. Yagnik Tank from promoter to public category, subject to approvals. The consideration of Q2 and H1 FY2026 financial results has been deferred to a future meeting.
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24Oct 25
Indo Thai Securities Significantly Reduces Stake in Arunis Abode Following Rights Issue
Indo Thai Securities Limited and associated entities have significantly reduced their shareholding in Arunis Abode Limited from 5.95% to 1.424% through open market transactions. The group sold 23,04,380 shares between October 16-23, 2025. This reduction follows Arunis Abode's substantial rights issue, which expanded the company's equity capital from Rs. 3.00 crore to Rs. 51.00 crore, increasing total shares from 30 lakh to 5.10 crore. The rights issue committee approved the allotment of 4,80,00,000 new shares on September 12, 2025. The share sale was disclosed in compliance with SEBI regulations, and Indo Thai Securities confirmed it is not part of Arunis Abode's promoter group.
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18Oct 25
Kalind Limited Approves ₹100 Crore Preferential Issue and Appoints New Managing Director
Kalind Limited (formerly Arunis Abode) has approved a preferential issue of equity shares up to ₹100 crores. The company appointed Mr. Ayush Jasani as Managing Director for a five-year term starting November 1, 2025. Board committees were reconstituted. The company is considering acquiring a majority stake in DBJ Multi Services Private Limited and plans to expand into software development. An Extraordinary General Meeting will be held to finalize these decisions.
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10Oct 25
Kalind Limited Announces Board Meeting to Consider Key Corporate Actions
Arunis Abode has scheduled a Board of Directors meeting for October 18, 2025, to discuss significant corporate actions. Key agenda items include the appointment of Mr. Ayush Jasani as Managing Director, approval of a preferential issue of equity shares or securities, acquisition of majority stakes in DBJ Multi Services Private Limited, and alteration of the Memorandum of Association to include software development activities. The trading window for the company's securities will remain closed until 48 hours after the meeting concludes.
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18Sept 25
Arunis Abode Limited Announces Resignation of Managing Director and Independent Director
Arunis Abode Limited has reported significant changes to its board of directors. Mr. Yagnik Bharatkumar Tank, Managing Director, and Mrs. Sejalben Subhashkumar Donga, Non-Executive Independent Director, have resigned effective September 18, 2025. Mr. Tank cited personal commitments, while Mrs. Donga mentioned other pre-occupations as reasons for their departures. The company has accepted both resignations and expressed appreciation for their contributions.
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17Sept 25
Indo Thai Securities Boosts Stake in Arunis Abode to 5.95% Through Rights Issue
Indo Thai Securities Limited and its associates have significantly increased their shareholding in Arunis Abode Limited from 0.14% to 5.95% through a rights issue. Indo Thai Securities alone acquired 30,17,292 shares, raising its stake to 5.92%. The rights issue expanded Arunis Abode's equity share capital from Rs. 3.00 crore to Rs. 51.00 crore, with 4,80,00,000 new shares allotted at Rs. 12.60 per share.
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15Sept 25
Arunis Abode Limited Completes Rights Issue, Promoter Group Shareholding Drops to 20.48%
Arunis Abode Limited has completed a significant rights issue on September 12, 2025, resulting in a substantial change in its shareholding structure and equity capital. The company issued 4.8 crore new equity shares, increasing its equity share capital from Rs. 3 crore to Rs. 51 crore. This move led to a significant dilution in the promoter group's shareholding, reducing it from 70.37% to 20.48%. Dharmendrabhai Becharbhai Jasani received 83.33 lakh shares through the rights issue, now holding 17.79% of the company. The company has made the necessary disclosures under SEBI regulations.
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16Aug 25
Arunis Abode Limited to Finalize Rights Issue Details in Upcoming Board Meeting
Arunis Abode Limited has scheduled a board meeting for August 20, 2025, to finalize details of its upcoming rights issue. The meeting will determine the rights issue price, payment mechanism, entitlement ratio, record date, and timing. The previously approved rights issue involves fully paid-up equity shares with a face value of Rs. 10 each, not exceeding Rs. 6,048.00 lakhs. The company has informed BSE Limited about the meeting, adhering to SEBI regulations.
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11Aug 25
Arunis Abode Limited Announces Q1 Results and Interim Dividend for FY 2025-26
Arunis Abode Limited announced unaudited Q1 FY 2025-26 results, showing revenue surge to ₹1,359.65 crore from ₹19.60 crore in Q4 FY 2024-25. Profit before tax reached ₹618.39 crore, up from a loss of ₹11.13 crore. The company's new business model focusing on equipment rental and construction services drove growth. An interim dividend was declared with August 14, 2025, as the record date. The company also divested its holdings in subsidiaries and associates in April 2025.
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28Jul 25
Arunis Abode Limited Corrects CFO Resignation Date, Appoints New Financial Chief
Arunis Abode Limited issued a revised outcome of their board meeting, correcting the resignation date of CFO Mr. Ayush Dharmendrabhai Jasani to July 19, 2025. The company appointed Mrs. Preeti R Mistry as the new CFO, effective from the same date. Mrs. Mistry, a Chartered Accountant with 9 years of experience, previously worked at Grrowwide Business Advisors Private Limited. The board meeting was held on July 19, 2025, from 6:00 PM to 6:30 PM via video conferencing.
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25Jul 25
Arunis Abode Limited Approves Rs. 604.8 Crore Rights Issue
Arunis Abode Limited, a Surat-based company, has approved a rights issue to raise up to Rs. 604.80 crore through fully paid-up equity shares with a face value of Rs. 10 each. The Board of Directors made this decision on July 25, 2025. A Rights Issue Committee has been formed to manage the process, including determining the issue price, rights entitlement ratio, and record date. The issue is open to eligible shareholders and is subject to regulatory approvals.
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Kalind
99.00
-0.89
(-0.89%)
1 Year Returns:+1,146.85%
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