Board / shareholder meeting outcomeNotableFiled on BSE ·

KS Smart Technologies Limited files postal ballot notice for capital and investment actions

KS Smart Technlogies

Arthneeti Research DeskPublished 1 min read
₹165 CrBoard / shareholder meeting outcome

Key highlights

  • Proposes increase of authorised share capital from ₹165 crore to ₹175 crore, altering MOA
  • Seeks approval to raise investment limits for NRIs/OCIs from 10% to 24% and FPIs from 24% to sectoral cap
  • Plans to raise funds up to USD 50 million via FCCBs, QIP, GDRs, ADRs or other instruments through private placements or public offers

Why it's rated notable: not yet binding (letter of intent, proposal or subject to approvals)

Original filing

Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.