Kriti Industries Schedules Board Meeting on June 12 to Approve Preferential Issue
By HDFC SKY | Updated at: Jun 9, 2025 12:47 AM IST
ndore, June 8 — Kriti Industries (India) Ltd (NSE: KRITI) has announced a board meeting scheduled for June 12, 2025, to deliberate on a key fundraising proposal through the preferential issue route.
According to the regulatory filing, the meeting will specifically consider the conversion of warrants into equity shares, contingent upon the receipt of the balance outstanding amount for the conversion.
Key Meeting Details
| Particulars | Details |
|---|---|
| Type of Meeting | Board Meeting |
| Date of Proposed Meeting | June 12, 2025 |
| Agenda | Fundraising via Preferential Issue |
| Fundraising Details | Conversion of warrants into equity shares |
| Type of Intimation | New |
| Trading Window Closure | Yes |
| Start Date of Trading Window Closure | June 7, 2025 |
| End Date of Trading Window Closure | June 14, 2025 |
The preferential issue, as per company remarks, pertains to warrants already allotted, with equity shares to be issued upon receipt of the remaining payment.
About the Company
Kriti Industries (India) Ltd is a publicly listed manufacturer of plastic piping systems and allied products, primarily catering to the agriculture, building construction, and infrastructure sectors. The company is listed on the National Stock Exchange (NSE: KRITI) and has a registered ISIN code INE479D01038.
REF: https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_57698_1464386_08062025023525_WEB.xml
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