KBC Global Limited, a prominent player in India's infrastructure and real estate sector, has announced key corporate decisions following its Board Meeting on February 15, 2025. The Board has approved a 1:1 bonus share issue, a proposed name change to Dharan Infra-EPC Limited, an increase in authorized share capital, and a leadership appointment in its UK subsidiary.

One of the major takeaways from the meeting was the issuance of fully paid-up bonus shares in a 1:1 ratio, meaning shareholders will receive one additional equity share for every existing share held. The bonus shares will be issued from the company’s free reserves, securities premium account, or capital redemption reserve. The record date for determining eligible shareholders will be announced soon, and the distribution will be completed within 60 days from the board approval date. This move effectively doubles the company’s paid-up share capital from ₹261.43 crore to ₹522.87 crore.

Additionally, KBC Global has proposed a name change to Dharan Infra-EPC Limited or another approved alternative by the Registrar of Companies (ROC). The decision follows a previous rejection of an earlier suggested name. The rebranding aligns with the company’s strategic shift towards infrastructure and engineering, procurement, and construction (EPC) projects, strengthening its positioning in the sector.

The Board has also approved an alteration of Clause V of the Memorandum of Association, which reflects an increase in the authorized share capital, a move that will provide greater flexibility for future growth and fundraising initiatives.

In a key leadership update, the Board has appointed Mr. Naresh Karda as Chairperson of KBC Infrastructure Limited, the company's wholly owned UK-based subsidiary. His leadership is expected to enhance KBC’s global presence and drive expansion strategies in international markets.

These strategic developments signify KBC Global’s ambitious plans for growth, corporate restructuring, and enhanced shareholder value. Investors and stakeholders can anticipate further updates as the company progresses with its bonus issuance, rebranding, and capital expansion initiatives.

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