NSEGeneral Updates8 Sept 2026 · 8 Sept 2026, 02:36 pm
General Updates
Kabra Extrusion Technik Limited · KABRAEXTRU
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Kabra Extrusion Technik Limited has provided clarification on its proposed preferential issue of up to 37,60,000 equity shares at ₹375 per share, addressing concerns raised by stock exchanges regarding the issue and ultimate beneficial ownership of proposed allottees.
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Kabra Extrusion Technik Limited has informed the Exchange about General Updates
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KABRAEXTRU_08092026143612_Intimation_under_regulation_30.pdf
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KET/SEC/SE/2026-27/41 September 08, 2026
BSE Limited National Stock Exchange India Ltd.
Floor 25, Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block-G,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai-400051
Scrip Code: 524109 S t o c k C o d e : K A B R A E X T R U
Subject: Clarification pursuant to Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 – Proposed Preferential Issue
Dear Sir/Madam,
This is with reference to the Notice of the Extra-Ordinary General Meeting (“EGM Notice”) dated
August 10, 2026 issued by Kabra Extrusiontechnik Limited (“Company”) in respect of the
proposed issue of up to 37,60,000 fully paid-up Equity Shares of face value ₹5/- each at an issue
price of ₹375/- per Equity Share, aggregating up to ₹141 Crores, on a preferential basis.
The Company subsequently issued a Corrigendum to the EGM Notice dated August 21, 2026
(“First Corrigendum”) pursuant to suggestions/comments received from the concerned Stock
Exchanges. The First Corrigendum, inter alia, provided certain additional disclosures relating to
the objects of the issue and ultimate beneficial ownership of certain Proposed Allottees.
Further, the Company issued a Further Corrigendum to the EGM Notice dated August 28, 2026
(“Further Corrigendum”), inter alia, replacing Mr. Saurabh Varma with Mr. Rakesh Amarlal
Hinduja as a Proposed Allottee, without any change in the total size or issue price of the proposed
Preferential Issue.
The EGM Notice dated August 10, 2026, the First Corrigendum dated August 21, 2026 and the
Further Corrigendum dated August 28, 2026 shall be read together and shall form an integral part
of the disclosures relating to the proposed Preferential Issue.
In this regard, pursuant to the clarification sought by the Stock Exchanges, the Company hereby
provides the following additional clarification:
www.kolsite.com A Kolsite Group Company
Kabra Extrusiontechnik Limited
Fortune Terraces, B wing, 10th Floor, Link Road, Opp. Citi Mall,
Andheri (West), Mumbai - 400 053. Maharashtra, India.
Phone : +91-022-6735 3333 Email : sales@kolsitegroup.com
CIN - L28900MH1982PLC028535
1. Current and proposed status of the Proposed Allottees pre and post the preferential issue
viz. promoter or non-promoter/ class or classes of persons to whom the allotment is
proposed to be made:
The current and proposed status of the Proposed Allottees, after giving effect to the Further
Corrigendum dated August 28, 2026, is as follows:
Sr. No. Name of Proposed Allottee Pre-Preferential Post-Preferential Issue
Issue
Current Status / Pre- Proposed Status / Post-
Preferential Issue Preferential Issue
1 Garudlaxmi Ventures LLP Promoter Group Promoter Group
2 Rakesh Amarlal Hinduja Non-Promoter Non-Promoter
3 Nitish Mittersain Non-Promoter Non-Promoter
4 Siddharth Kabra Non-Promoter Non-Promoter
5 Singularity Large Value Fund Non-Promoter Non-Promoter
6 Utpal Hemendra Sheth Non-Promoter Non-Promoter
7 Sthitaprajna Advisors LLP Non-Promoter Non-Promoter
8 Kiran Vyapar Limited Non-Promoter Non-Promoter
9 Surendra Lakhumal Non-Promoter Non-Promoter
Hiranandani
10 Chanakya Wealth Creation Non-Promoter Non-Promoter
Fund
11 Amit Mehta Non-Promoter Non-Promoter
12 Antique Securities Private Non-Promoter Non-Promoter
Limited
2. Reason for Obtaining the Valuation Report:
The valuation report was obtained from an independent Registered Valuer pursuant to Section
62(1)(c) of the Companies Act, 2013 read with Rule 13 of the Companies (Share Capital and
Debentures) Rules, 2014. Since the Equity Shares of the Company are frequently traded, a
valuation report is not required under the SEBI ICDR Regulations, as the issue price is
determined in accordance with the prescribed pricing formula. However, the Company obtained
the valuation report to comply with the Companies Act requirements and also as a measure of
good corporate governance and transparency, ensuring an independent assessment of the Equity
Shares.
www.kolsite.com A Kolsite Group Company
Kabra Extrusiontechnik Limited
Fortune Terraces, B wing, 10th Floor, Link Road, Opp. Citi Mall,
Andheri (West), Mumbai - 400 053. Maharashtra, India.
Phone : +91-022-6735 3333 Email : sales@kolsitegroup.com
CIN - L28900MH1982PLC028535
The above clarification may kindly be taken on record.
Thanking you,
For Kabra Extrusiontechnik Limited
Hiren Vala
Company Secretary & Compliance Officer
www.kolsite.com A Kolsite Group Company
Kabra Extrusiontechnik Limited
Fortune Terraces, B wing, 10th Floor, Link Road, Opp. Citi Mall,
Andheri (West), Mumbai - 400 053. Maharashtra, India.
Phone : +91-022-6735 3333 Email : sales@kolsitegroup.com
CIN - L28900MH1982PLC028535