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K&R RAIL ENGINEERING LIMITED — Capital/Financing Update 2023
Oct 3, 2023
59363_rns_2023-10-03_1a1920a0-579e-4778-b7de-91f967722108.pdf
Capital/Financing Update
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K&R RAIL ENGINEERING LIMITED
CIN: L45200TG1983PLC082576 Registered Office : 3rd floor, Sai Krishna, Plot No. 797 A, Road No. 36, Jubilee Hills, Hyderabad 500033
Email:[email protected] Phone: +91 4027017617, +91 40 27000499
Fax: +91 40 270001295
To, The Manager BSE Limited P. J. Towers, Dalal Street Mumbai-400001
Date: 03.10.2023
Dear Sir/Madam,
Sub: Outcome of Board meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Unit: K&R Rail Engineering Limited (BSE Scrip Code: 514360)
With reference to the subject cited, this is to inform the Exchange that at the Board meeting of M/s. K&R Rail Engineering Limited held on Tuesday, the 3[rd] Day of October, 2023 at the Registered office of the company situated at 3rd floor, Sai Krishna, Plot No. 797 A, Road No. 36, Jubilee Hills, Hyderabad 500033, the following were duly considered and approved.
Allotment of 22,17,459 equity shares of face value of Rs.10/- each to fully paid-up pursuant to the exercise of 22,17,459 convertible warrants (partial conversion of the outstanding warrants) on receipt of Rs 53.70 per warrant - being 75% of the balance warrant issue price, aggregating to Rs.11,90,77,550/- (Issue price is Rs.71.60/- per convertible Warrant). (List of allottees enclosed an Annexure-I)
The meeting of the Board of Directors which commenced at 04.30 P.M (IST) concluded at 8.30 P.M (IST).
This is for the information and records of the Exchange, please.
Thanking you.
Yours faithfully, For K&R Rail Engineering Limited
Digitally signed by Chandrakant DN: c=IN, o=Personal, title=9884, pseudonym=5C6t4csnSht3MLZgIf0BFsi0zCgbbMde, 2.5.4.20=98b9c989baea27dacdad27574c1f590dd92ab4d 4f284d620b5264bdc7d041add, postalCode=201013, st=Uttar Pradesh, serialNumber=d51cb6653d1082889d4c95c2980df0745a a33284359cec4da834f145c55ae73b, cn=Chandrakant Date: 2023.10.03 20:31:41 +05'30'
Chandraka
Chandrakant nt Date: 2023.10.03 20:31:41 +05'30' Company Secretary and Compliance Officer
K&R RAIL ENGINEERING LIMITED
CIN: L45200TG1983PLC082576
Registered Office : 3rd floor, Sai Krishna, Plot No. 797 A, Road No. 36, Jubilee Hills, Hyderabad 500033
Email:[email protected] Phone: +91 4027017617, +91 40 27000499 Fax: +91 40 270001295
LIST OF ALLOTTEES Annexure-I
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Si. Name of the Allottees No. of Equity Shares
No.
1. Mr. Ajaz Farooqi 3,00,000
2. Mrs. Asma Farooqi 3,00,000
3. M/s. Asma Estates and Investments Private Limited 3,00,000
4. M/s. Zainab Investments Private Limited 3,00,000
5. M/s. Gasmin Constructions Private Limited 3,70,840
6. M/s. Gomoti Constructions Private Limited 3,65,800
7. Mrs. Rachana Samir Damani 1,31,844
8. Mr. Raghava Rao Nandanavanam 1,48,975
Total 22,17,459
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