Kerala Ayurveda530163Preferential allotment
Preferential allotment of 6.55 lakh equity shares at Rs. 190.37 per share to a promoter group entity
Board approved allotment of 6.55 lakh fully paid-up equity shares at Rs. 190.37/- each on a preferential basis to Katra Holding Private Limited, a promoter group entity.
By ScoutQuest · · 2 min read
9.41%Katra Holding -issue stake
- Allotment size and price
- 6.55 lakh fully paid-up equity shares at Rs. 190.37/- each on a preferential basis
- Part funding via loan adjustment
- partly funded by adjusting an existing unsecured loan of ~Rs. 12.47 crore of that entity
- Allottee holding change
- 6,30,000 shares (4.85%) to 12,85,000 shares (9.41%)
What was approved
- The Board, by resolution passed on October 21, 2026, approved the allotment of 6.55 lakh fully paid-up equity shares of face value Rs. 10/- each at Rs. 190.37/- per equity share, on a preferential basis.
- The allottee is Katra Holding Private Limited, a person belonging to the Promoter Group Category. The number of investors is 1 (One).
- The allotment was carried out under the SEBI ICDR Regulations, 2018 and applicable rules.
How the shares are being paid for
- The update states the shares are being issued by partially adjusting an existing unsecured loan of ~Rs. 12.47 crore of Katra Holding Private Limited towards the share price for the issue.
- 6.55 lakh shares at Rs. 190.37/- totals ~Rs. 12.47 crore/, the same figure as that loan amount.
- In the Annexure, the nature of consideration is stated as Cash.
Change in the promoter entity's holding
- Pre-issue: 6,30,000 shares, or 4.85% of the company.
- Post-issue: 12,85,000 shares, or 9.41% of the company.
Effect on the share capital
- Paid-up equity share capital has increased from ~Rs. 13 crore, divided into ~1.3 crore equity shares of Rs. 10/- each, to ~Rs. 13.65 crore, divided into ~1.37 crore equity shares of Rs. 10/- each.
- In simple terms, the company now has 6,55,000 more shares than before, so each existing share represents a marginally smaller slice of the company.
- On the other side, the company adjusts part of an existing unsecured loan owed to the allottee, which is a liability on its books.
- The new equity shares will be listed on BSE Limited.
What a retail investor can take away
- This is a preferential issue to an entity already in the promoter group, part-settled against money the company owes it, rather than a fresh cash raise from the market.
- The promoter group entity's stake rises from 4.85% to 9.41%, while the total number of shares in issue rises from 1,29,95,085 to 1,36,50,085.
Also from Kerala Ayurveda
Summary of 34th AGM Proceedings; 4 Resolutions Transacted Including Preferential Issue
28 Sep 2026
More numbers
- Equity shares allotted on preferential basis6,55,000
- Issue price per equity shareRs. 190.37/-
- Existing unsecured loan of Katra Holding partly adjustedRs. 12,46,92,350/-
- Paid-up equity share capital after allotmentRs. 13,65,00,850
- Total equity shares after allotment1,36,50,085
- Katra Holding pre-issue shareholding6,30,000
- Katra Holding pre-issue stake4.85%
- Katra Holding post-issue stake9.41%
Source: BSE · 21 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.