KBC Global Limited has recently withdrawn the previously announced record date for its bonus share issue. The company had earlier set March 28, 2025, as the cut-off date for determining shareholder eligibility for the bonus shares. However, in a recent regulatory filing, KBC Global stated that this date has been cancelled and a revised record date will be announced at a later stage.
During the recent EGM held on March 22, 2025, KBC Global Limited approved multiple resolutions aimed at expanding its financial and operational capabilities. These resolutions were passed through a combination of remote e-voting before the meeting and live e-voting during the session.
By withdrawing the record date for the bonus issue while continuing with its broader corporate restructuring, KBC Global is expected to signal a strategic shift. The company’s focus on expanding its financial base and rebranding itself under a new name reflects its ambition to strengthen its presence in the infrastructure and EPC (Engineering, Procurement, and Construction) sectors.
KBC Global Limited is a leading real estate and infrastructure company known for its residential, commercial and EPC projects. Committed to quality and innovation, the company is expanding its focus to enhance growth and market presence. As part of its restructuring, it is undergoing a rebranding to strengthen its position in the industry.
As of March 27, 2025, at 11:10 AM, with a market capitalisation of ₹2.64 billion, KBC Global share price was trading at ₹1.01 per share, reflecting a loss of 1.94% from the previous day’s closing price. Over the past month, the stock has registered a loss of 12.17%.
The withdrawn record date aligns with KBC Global’s restructuring plans. With leadership expansion and rebranding efforts underway, the company is focused on strengthening its financial position and future growth in the infrastructure sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 27, 2025, 1:02 PM IST
Team Angel One
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