Kilburn Engineering Completes Preferential Allotment of 9,92,500 Equity Shares via Warrant Conversion

Kilburn Engineering Limited's Share Allotment Committee, at its meeting held on May 11, 2026, approved the preferential allotment of 9,92,500 (Nine Lakhs Ninety-Two Thousand Five Hundred) equity shares of face value Rs. 10/- each. The allotment was made pursuant to the conversion of warrants originally issued on a preferential basis to 8 investors, comprising both promoter and non-promoter categories. The meeting commenced at 2:20 p.m. and concluded at 3:00 p.m.

Allotment Details Across Eight Investors

The 9,92,500 equity shares were allotted to the following investors, as detailed below:

Allottee Shares Allotted Category Mr. Vishal Agarwalla (on behalf of Maithan International) 2,00,000 Non-Promoter Ms. Priya Saran Chaudhri 10,000 Independent Director (Non-Promoter) M/s. Subhkari Nirman LLP 1,00,000 Non-Promoter M/s. Firstview Trading Private Limited 3,00,000 Promoter M/s. Smarte Ventures Private Limited 2,62,500 Non-Promoter Mr. Anup Agarwal 47,500 Non-Promoter Mr. Jiwan Das Mohta 37,500 Non-Promoter M/s. Zoom Industrial Services Limited 35,000 Non-Promoter

M/s. Smarte Ventures Private Limited was formerly known as Shree Madhav Agencies Private Limited.

Warrant Conversion History and Pricing

The warrants underlying this allotment were originally issued on preferential basis on November 16, 2024, and November 19, 2024, at an issue price of Rs. 425/- per warrant. The table below summarises the warrant allotment and conversion details for each investor:

Allottee Date of Warrant Allotment Warrants Allotted Warrants Previously Converted Warrants Converted on May 11, 2026 Issue Price per Warrant (Rs.) Mr. Vishal Agarwalla (on behalf of Maithan International) 16/11/2024 3,00,000 1,00,000 2,00,000 425 Ms. Priya Saran Chaudhri 19/11/2024 10,000 - 10,000 425 M/s. Subhkari Nirman LLP 16/11/2024 3,00,000 2,00,000 1,00,000 425 M/s. Firstview Trading Private Limited 16/11/2024 10,00,000 7,00,000 3,00,000 425 M/s. Smarte Ventures Private Limited 16/11/2024 2,62,500 - 2,62,500 425 Mr. Anup Agarwal 16/11/2024 47,500 - 47,500 425 Mr. Jiwan Das Mohta 16/11/2024 37,500 - 37,500 425 M/s. Zoom Industrial Services Limited 16/11/2024 35,000 - 35,000 425

Payment Terms and Aggregate Consideration

In accordance with the terms of the issue, 25% of the issue price — amounting to Rs. 106.25/- (Rupees One Hundred Six and Paise Twenty-Five only) per warrant — was paid upfront at the time of warrant allotment. The balance 75% of the issue price, amounting to Rs. 318.75/- (Rupees Three Hundred Eighteen and Paise Seventy-Five only) per warrant, was subsequently received by the company, triggering the conversion of 9,92,500 warrants into an equivalent number of equity shares.

The key financial parameters of this preferential allotment are summarised below:

Parameter Details Total Equity Shares Allotted 9,92,500 Face Value per Share Rs. 10/- Issue Price per Warrant Rs. 425/- Upfront Payment (25%) per Warrant Rs. 106.25/- Balance Payment (75%) per Warrant Rs. 318.75/- Application Money Already Received Rs. 10,54,53,125/- Allotment Money Received Rs. 31,63,59,375/- Aggregate Consideration Rs. 42,18,12,500/- Number of Investors 8

Impact on Paid-Up Share Capital

Following the completion of this preferential allotment, the paid-up equity share capital of Kilburn Engineering has increased as outlined below:

Parameter Pre-Allotment Post-Allotment Paid-Up Capital (Rs.) Rs. 53,47,28,580/- Rs. 54,46,53,580/- Number of Equity Shares 5,34,72,858 5,44,65,358 Face Value per Share Rs. 10/- Rs. 10/-

The newly allotted equity shares rank pari passu with the existing equity shares of the company in all respects. The allotment has been made in compliance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable regulatory and statutory guidelines. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026.

Kilburn Engineering Limited has notified the stock exchange of a scheduled investor engagement pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has organised a plant visit for an investor/analyst, followed by a management meeting at its manufacturing facility in Thane district, Maharashtra.

Investor Meet Details

The engagement is set to take place on Monday, May 11, 2026, at the company's plant located at Plot No. 6, MIDC – Saravali, Kalyan - Bhiwandi Road, Taluka Bhiwandi, Thane - 421 311. The following table outlines the key details of the scheduled meeting:

Parameter: Details Day & Date: Monday, 11th May, 2026 Time: 10:00 AM Investor / Analyst: Family Office Fund Meeting Type: Plant Visit (One on One Meet) Mode: Physical

Disclosure and Compliance

The intimation has been filed in compliance with SEBI's listing regulations governing disclosure of investor and analyst interactions. Kilburn Engineering has explicitly stated that no unpublished price-sensitive information will be shared during the proposed meeting. The company has also noted that the above schedule may undergo changes due to exigencies on the part of participants or the company.

The disclosure was signed by Abhijit Mehta, Company Secretary & Compliance Officer of Kilburn Engineering Limited, and was submitted to the Corporate Relationship Department of BSE Limited on May 8, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.