JKB Financial Services Ltd.

As on : 18-Sep-2026

Corporate News
18-Sep-2026 19:23

Company appoints four directors and approves warrant, equity share allotments to investors

Following a shareholder meeting, the company announced the appointment of Arvinder Singh Kohli, Yogesh Singh Rana, Abhineet Sapra, and Radha Sapra as Non-Executive Independent Directors, each for a five-year term expiring in 2031. The company also approved a preferential allotment of warrants and equity shares. A maximum of 23.2 million warrants, convertible into equity shares, will be issued at a price of Rs. 12.50 per warrant, with investors including SN Capital Management, MCPS Estate LLP, and several Rally-affiliated entities. Additionally, 800,000 equity shares will be allotted to Atharva Professional Consultants LLP at Rs. 12.50 per share. The allotments were conducted in accordance with SEBI ICDR Regulations, and the company noted a BSE circular regarding director debarment.

GET IN TOUCH