KIMS approves ₹599.99 crore warrant allotment to promoters
Published on: June 15, 2026, 6:16 p.m. | Source: scanx.trade
Krishna Institute of Medical Sciences Limited has approved the preferential allotment of 77,02,182 warrants to its promoter and promoter group for an aggregate consideration of ₹599,99,99,778. The warrants, priced at ₹779 each including a premium of ₹777, are fully convertible into equity shares and are exercisable within 18 months. The company has scheduled an Extra-Ordinary General Meeting on July 9, 2026, to seek shareholder approval for the proposal.
