In-Principle Approval Received from NSE and BSE for ₹141.00 Crore Preferential Issue
Received in-principle approval from NSE and BSE for issue of 37,60,000 equity shares of ₹5/- each at ₹375/- per share, aggregating ₹141.00 Crore, on a preferential basis to Promoters & Promoter Group and Non-Promoters via private placement.
By ScoutQuest · · 1 min read
- Number of Shares
- 37,60,000 equity shares
- Face Value
- ₹5/- each
- Issue Price
- ₹375/- per share
- Total Issue Size
- ₹141.00 Crore
- Approval Date
- September 24, 2026
What was announced
Kabra Extrusiontechnik has informed the exchanges that it received in-principle approval from NSE and BSE for a preferential issue of equity shares.
Issue details
- Number of shares: 37,60,000 equity shares
- Face value: ₹5/- each
- Issue price: ₹375/- per Equity Share
- Total size: ₹141.00 Crore
- Mode: preferential basis through private placement
- Allottees: Promoters & Promoter Group and Non-Promoters Category
Approvals
NSE granted approval vide letter Ref. NSE/LIST/56829 and BSE vide letter Ref. LOD/PREF/RB/FIP/830/2026-27, both dated September 24, 2026.
Conditions attached
- Listing application to be shared promptly after allotment; BSE notes the requirement to apply within twenty days of allotment.
- Receipt of statutory and other approvals from SEBI, RBI, MCA and others.
- Compliance with ICDR, LODR and Companies Act requirements.
- Company advised to strengthen internal controls and obtain undertakings from allottees that they will not trade in the scrip till allotment.
- Exchanges reserve the right to withdraw approval if information submitted is found incomplete or incorrect.
What it means for investors
In-principle approval is a procedural step that clears the way for allotment of the proposed shares; the actual allotment and listing will follow separately. Fresh shares issued to promoters and other allottees increase the total share count, which affects existing shareholders' proportionate holding, while bringing capital into the company.
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More numbers
- Equity shares to be issued37,60,000 Equity Shares
- Face value per share₹5/- each
- Issue price per share₹375/- per Equity Share
- Aggregate issue size₹141.00 Crore
- Listing application timeline after allotmentwithin twenty days
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