21-Aug-2026      17:39

Kanungo Financiers shareholders approved increased capital and acquisitions of Startech and Peepal

Kanungo Financiers Limited held an Extra-Ordinary General Meeting on Friday, August 21, 2026, where shareholders approved several key resolutions including an increase in the company's authorized share capital to Rs 50,00,00,000 divided into 5,00,00,000 equity shares of Rs 10 each, the acquisition of 11,18,150 equity shares of Startech Infralogistics Private Limited and 10,21,960 equity shares of Peepal Mining and Logistics Private Limited, the issuance of 4,06,62,090 equity shares on a share swap basis, and the appointment of Mr. Atul Ankush Marathe as Managing Director.

News source: Capital Market - Live News