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KBS India’s board approved issuing Rs 2.50 crore in preference shares to Chairman Tushar Shah
27-Aug-2026, 04:43
KBS India Limited announced that its Board of Directors approved the issuance of up to Rs 2.50 crore by offering 2,50,000 6% Non-Convertible Redeemable Preference Shares of Rs 100 each on a preferential basis to Mr. Tushar Shah, Chairman & Managing Director and Promoter of the company, subject to member approval. The Board meeting was held on August 27, 2026, and the company will hold its Annual General Meeting on September 18, 2026, with the Register of Members and Share Transfer Books closed from September 12, 2026, to September 18, 2026.