Kilburn Engineering allots shares after warrant conversion

Kilburn Engineering Limited's share allotment committee, at its meeting on December 6, 2025, approved the allotment of 100,000 equity shares with a face value of INR 10 each. These shares, in dematerialised form, were allotted to M/s. Firstview Trading Private Limited, a promoter category allottee, following the conversion of 100,000 convertible warrants. The warrants were originally allotted on November 16, 2024, at an issue price of INR 425 per warrant.

The conversion process involved an upfront payment of 25% of the issue price, or INR 106.25 per warrant, at the time of warrant allotment. The remaining 75% of the issue price, INR 318.75 per warrant, was subsequently received by the company, facilitating the conversion into equity shares. This allotment increases Kilburn Engineering’s paid-up equity share capital from INR 51,43,78,580 to INR 51,53,78,580, now comprising 5,15,37,858 equity shares.

This preferential allotment adheres to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable regulatory guidelines. The newly allotted equity shares will rank pari passu with the company's existing equity shares.