K&R Rail Engineering's promoter group boosts stake through share conversion

Three entities within the promoter group of K&R Rail Engineering Limited have increased their stake in the company by converting 7% Optionally Convertible Redeemable Preference Shares (OCRPS) into equity shares. Shoeb Estates Private Limited acquired 1,518,750 equity shares, raising its total holding from 2.03% to 5.02%. Asma Estates & Investments Private Limited acquired 2,060,400 equity shares, increasing its total holding from 5.21% to 8.48%.

Additionally, Mrs. Asma Farooqi, an individual promoter, acquired 1,090,607 equity shares. This conversion brought her total holding to 3.33%, up from 1.05% prior to the acquisition. These transactions, which occurred on October 30, 2025, reflect a consolidated effort by the promoter group to strengthen its position in K&R Rail Engineering Limited.

The total diluted share/voting capital of the company remains at 41,807,812 equity shares after these acquisitions, based on the latest filing as per Regulation 31 of the SEBI (LODR) Regulations, 2015.