Samyak International Ltd has issued 13,50,000 equity shares to Keti-KJ Constructions via preferential allotment. This gives Keti-KJ a 11.25% stake. The company's paid-up capital has increased to Rs 10.45 crore.
Samyak International Ltd: Preferential Allotment Completes
Samyak International Ltd has completed a preferential allotment of 13,50,000 equity shares to Keti-KJ Constructions (India) Ltd. The transaction, dated August 17, 2026, results in Keti-KJ Constructions acquiring an 11.25% stake in the company.
Reader Takeaway: New significant shareholder acquired; listing approval pending.
What just happened
Samyak International Ltd issued 13,50,000 equity shares to Keti-KJ Constructions (India) Ltd. This issuance was done through a preferential allotment mechanism.
Why this matters
This allotment introduces a substantial new shareholder, Keti-KJ Constructions, which will now hold an 11.25% stake in Samyak International Ltd. The company's paid-up share capital has also seen a material increase.
The backstory
Prior to this allotment, Samyak International Ltd had a paid-up capital of Rs 9,09,72,000, comprising 90,97,200 equity shares of Rs 10 each. Keti-KJ Constructions was not a shareholder before this transaction.
What changes now
The paid-up share capital of Samyak International Ltd has increased to Rs 10,44,72,000, with a total of 1,04,47,200 equity shares of Rs 10 each. Keti-KJ Constructions now holds 11.25% of this new capital structure.
Risks to watch
Despite the allotment, the shares are yet to be credited to Keti-KJ Constructions' demat account, and final trading and listing approvals from the stock exchange are still pending. Until these are secured, the transaction is not fully complete from a trading perspective.
Context metrics (time-bound)
- Pre-Acquisition Capital: Rs 9,09,72,000
- Shares Allotted: 13,50,000 equity shares
- Post-Acquisition Capital: Rs 10,44,72,000
- Stake Acquired: 11.25%
- Date of Allotment: August 17, 2026
What to track next
Investors should closely monitor for announcements regarding the credit of shares to Keti-KJ Constructions' demat account and the official receipt of listing and trading approvals from the relevant stock exchange.
