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Kabra Extrusiontechnik Revises Preferential Issue Size Upwards to ₹141 Crore

Kabra Extrusiontechnik's board has approved an upward revision of its proposed preferential issue from ₹120 crore to ₹141 crore. The capital raise involves issuing 37.60 lakh equity shares at ₹375 each to a select group of 12 promoter and non-promoter investors to support the company's growth trajectory.

Kabra Extrusiontechnik Board Approves ₹120 Crore Fund Raise via Preferential Issue

Kabra Extrusiontechnik’s board has approved a preferential issue of 32 lakh equity shares to raise approximately ₹120 crore. The capital infusion targets both promoter and non-promoter groups to strengthen the company's financial position for its core extrusion and green energy businesses.