Kilburn Engineering Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Kilburn Engineering has allotted 20,50,000 equity shares on conversion of convertible warrants on 21 April 2023. Post allotment, the paid up equity share capita of the company has increased to 452,70,358 equity shares of Rs 10 each.

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Kilburn Engineering has postponed the meeting of the Board of Directors which was scheduled to be held on 26 August 2024. The meeting will now be held on 27 August 2024.

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Kilburn Engineering will hold a meeting of the Board of Directors of the Company on 26 August 2024.

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The company may funds through issuance of equity shares and / or warrants or any other eligible securities by way of one or more public and/or private offerings including rights issue / preferential allotment basis, subject to such regulatory / statutory approvals as may be required, including approval of the shareholders of the company.

Kilburn Engineering specializes in process design, engineering and manufacture of equipment and systems for various process plants, primarily engaged in the chemical and petrochemical sectors. The company is a market leader in solid, liquid and gas drying systems and also provides a comprehensive package of solutions for tea, fertiliser, carbon black, soda ash, pharmaceuticals, dyes and pigments and speciality chemicals among other industries.

The company’s standalone net profit jumped 50.7% to Rs 10.70 crore in Q1 FY25 as against 7.10 crore posted in Q1 FY24. However revenue from operations declined 4.3% YoY to Rs 63.81 crore in Q1 FY25.

The scrip surged 10.27% close at Rs 479.90 on Wednesday, 21 August 2024.

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