Kriti Industries Schedules Board Meeting on June 12 to Approve Preferential Issue

Authored By HDFC SKY | Last Modified: Jun 9, 2025 12:47 AM IST

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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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