“The board has constituted and authorized ‘Rights Issue Committee’ to decide detailed terms and conditions of the issue, including but not limited to deciding the payment modalities/schedule thereof, record date, timings, other terms and conditions and all other related matters,” the filing added.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of