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KBC Global Approves 1:1 Bonus, Expansion, and Debt Reduction

The Business Guardian

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February 20, 2025

Board of directors of Nashik based, KBC Global Ltd, BSE 541161 engaged in the business of construction and real estate development in the meeting held on 15 February has approved Bonus issue in the ratio of 1:1 (one bonus equity share for every one fully paid equity share of Rs. 1 each) subject to approval of the shareholders of the company.

- TBG NETWORK

Company aims to turnaround business operations with plans to expedite expansion plans and debt reduction in near future. The Board of Directors also approved proposal to increase authorized capital and proposed renaming KBC Global Ltd to Dharan Infra-EPC Ltd or another name approved by the ROC.

Company also approved appointment of Mr. Naresh Karda as chairperson of KBC Infrastructure Ltd, UK based wholly owned subsidiary. Order book of the company at over Rs. 260 crore. Market capitalisation stands at Rs. 300 crore.

The Bonus Equity Shares will be issued from the company's permissible reserves, including Free Reserves, Securities Premium Account, and Capital Redemption Reserve, as of March 31, 2024. A total of Rs. 261.43 crore will be utilized for the Bonus Issue, with shares credited within 60 days of Board approval.

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The Business Guardian

The Business Guardian

Miranda House unveils digital museum honouring women Constitution makers

Marking Samvidhan Divas, Delhi University’s Miranda House unveiled a digital and interactive museum dedicated to the 15 women members of the Constituent Assembly who played a vital role in shaping the Indian Constitution.

time to read

1 min

November 27, 2025

The Business Guardian

The Business Guardian

UIDAI begins clean-up, disables 2 crore Aadhaar IDs of deceased persons

The Unique Identification Authority of India (UIDAI) has deactivated more than two crore Aadhaar numbers belonging to deceased individuals, marking one of the largest cleanup exercises of the national identity database.

time to read

1 min

November 27, 2025

The Business Guardian

Safran vows to raise sourcing from India by five times

Safran CEO Olivier Andriès also vowed that it will triple its revenue in India to exceed 3 billion euros by 2030, of which half will be generated by its sites in India.

time to read

2 mins

November 27, 2025

The Business Guardian

Delhi crowd pays tribute to Guru Tegh Bahadur after blast

Delhi Home Minister Ashish Sood on Wednesday said that the gathering of lakhs of people at the Red Fort to commemorate the 350th martyrdom anniversary of Guru Tegh Bahadur — the same site where a bomb blast took place recently — reflected the capital's collective spirit and served as a powerful response to terrorists.

time to read

1 min

November 27, 2025

The Business Guardian

Will always be remembered as historical festival: CM

Delhi Chief Minister Rekha Gupta described the programme commemorating the 350th martyrdom anniversary of Sri Guru Tegh Bahadur Ji as a “historical festival” for the city, praising the massive participation of devotees from across the country.

time to read

1 min

November 27, 2025

The Business Guardian

The Business Guardian

SAFRAN MRO IN HYDERABAD TO ATTRACT MORE GLOBAL INVESTORS

The MRO facility will be a huge step towards the goal of Aatmanirbharta in the aviation sector. Developing indigenous capabilities in MRO will reduce foreign exchange outflows

time to read

2 mins

November 27, 2025

The Business Guardian

The Business Guardian

Safran MRO facility in Hyderabad will act as gateway for more global players: Aviation Minister

French defence and aviation major Safran's just-inaugurated MRO facility in Hyderabad could be a step-up towards India's ambition to become an aviation hub.

time to read

1 mins

November 27, 2025

The Business Guardian

Rapido eyes IPO after racing ahead of Uber

Rapido, which is focused on the mass market and deeper penetration rather than premium customers, will think of a public listing when it has captured 70-75% of the ride-hailing market, the company’s chief financial officer Vivek Krishna has said in an interaction with The New Indian Express.

time to read

1 min

November 27, 2025

The Business Guardian

The Business Guardian

Kharif food grain production estimated at 173.33 million tonnes for 2025-26: Shivraj Singh Chouhan

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday released the first advanced estimates of production of main Kharif crops, according to.

time to read

1 mins

November 27, 2025

The Business Guardian

The Business Guardian

SENSEX UP 1,000 POINTS AMID GLOBAL CUES, STRONG FUNDAMENTALS

All sectoral indices soared today, with metal, consumer durables, oil and gas leading the pack, NSE data showed.

time to read

2 mins

November 27, 2025

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