Krishca Strapping Solutions Share Price Today

Krishca Strapping Solutions to Acquire 50.05% Stake in Manda Stainless for ₹7.36 Crore

Krishca Strapping Solutions has announced the acquisition of a 50.05% majority stake in Manda Stainless for ₹7.36 crore. The transaction grants Krishca Strapping Solutions a controlling interest in Manda Stainless. This development marks a notable strategic move by the company into the stainless steel segment.

Krishca Strapping Solutions FY26 revenue rises 56.6% to ₹2,336 crore

Krishca Strapping Solutions reported a 56.6% rise in revenue from operations to ₹23,365 lakh for FY26, with EBITDA increasing 24.01% to ₹3,012 lakh. Net profit stood at ₹1,160.57 lakh. The company is expanding its capabilities with a 60,000 TPA Cold Rolling Complex scheduled for commercial production by August 2026 and has incorporated Vajra Alloys Private Limited for advanced materials. As of March 31, 2026, the order book was approximately ₹300 crore.

Krishca Strapping Solutions allots warrants and shares to raise funds

Krishca Strapping Solutions Limited raised ₹43.72 crore via preferential allotment, issuing warrants to promoters and equity shares to non-promoters. The committee approved the allotment of 10,30,044 warrants at ₹233 each and 10,37,750 shares at ₹190 each. The paid-up equity capital increased to ₹15,92,77,500.

Krishca Strapping Solutions Preferential Issue Committee Revises Allottee Details Following Board Meeting and EGM Notice

Krishca Strapping Solutions Limited's Preferential Issue Committee met on May 13, 2026, to note corrections to allottee details from the Board Meeting Outcome (February 27, 2026) and EGM Notice (March 26, 2026). The allottee "Nareshkumar Mahasukhlal Mehta" was reclassified as "Nareshkumar Mahasukhlal Mehta (HUF)," and ultimate beneficial owners were disclosed for allottees Krshnavi Trendz and Nareshkumar Mahasukhlal Mehta (HUF). All other details in the original filings remain unchanged, as confirmed by the Company Secretary from Chennai.