ImportantCompany Update

KBS India will hold its 40th Annual General Meeting to approve key proposals, including a preferential issue of 2.50 Cr in 6% Non-Convertible Redeemable Preference Shares to Promoter Mr. Tushar Shah.

KBS India Ltd530357 · Filed with the exchange

These funds are intended to meet working capital requirements for new business activities in online retail brokerage and trading services.

Shareholders will also consider re-appointing Mr. Shah as Director and approving material related party transactions.

For the year ended March 31, 2026, the company reported a net profit of 0.09 Cr on revenue of 2.34 Cr.

Auditors highlighted an unprovided 16.73 Cr loan/receivable from a defunct erstwhile subsidiary, pending RBI write-off approval.

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