1:1 Bonus Shares In April: Penny Stock Taps Global Markets For Rs 794 Cr To Fund Strategic SEZ Project

KBC Global Ltd engaged in the business of construction and real estate development, has recently made plans to accumulate a capital of Rs. 793.75 Crore through its parent company, Dharan International Ltd. The company plans to complete this via the DMS of the USD 9 trillion AUM hedge fund industry.

The inflow from the abovementioned fundraising strategy is proposed specifically to aid DIL's participation in the Buchanan Port Integrated Industrial Development Project being developed. It will serve as a regionally iconic hub intended for maritime and logistics functions. The project is being financed in cooperation with the Special Economic Zone Authority of the Republic of Liberia.

Currently, DIL holds the status of a financially weak entity. KBC Global Ltd seeks to gain control over international markets by raising funds from the other overseas subsidiary entities, further extracting potential out of their portfolio.

It has also come up with an Approved Facilities Scheme Intensive (AFSI) along with it, so that upon completing the primary round of fundraising via equity CAPD grants, it will trigger providing DIL to operate as the uppermost controlled arm of KBC.

The company also seeks to take advantage of the emerging opportunities in the real estate sector of Maharashtra after the general elections of last year. KBC Global Ltd. is a micro-cap company with a market capitalisation of Rs 245 Crore approx. Its shares are listed on the heightened stock exchanges of NSE and BSE as well.

As decided earlier, the company set April 4th as a record date to identify the qualifying shareholders eligible for bonus shares. On February 15, the company approved a bonus issue in the extraordinary general meeting in a 1:1 ratio, which was also sanctioned in the extraordinary general meeting held on March 27.

On the other hand, the company intends to optimize the business directions under operations with an integrated approach to expedite debt servicing and dismantlement in the foreseeable future. The order book of the company stands at Rs. 260 crore. In an extraordinary meeting of the board of directors that took place on March 22, 2025, it was decided to increase the authorised capital. They also decided to change the name from KBC Global Ltd to Dharan Infra-EPC Ltd or any name which is sanctioned by the ROC vis the company's registrar.

The company was founded in 2007 and is focused on the development and sale of residential and residential-cum-office projects based in Nashik, India.

Ghana KBC International Ltd, a drop-down subsidiary of KBC Infrastructures Ltd UK (wholly owned subsidiary of KBC Global) has signed an MOU with the Liberia Special Economic Zone Authority for the construction and development of residential building complexes and low-cost housing and commercial space in SEZ for an estimated cost of approximately 12.5 million USD. The undertaking is anticipated to commence from Q2 of 2025 and will finish in three years time. Liberia Special Economic Zone Authority is an individualised body formed under the Government of Liberia through the Special Economic Zone Act of 2017. This is the second order of international scope received by KBC Global.