Small-Cap Stock Below Rs 15 Signs UK Partnership to Pursue Infrastructure Projects Across Africa; Company Completes 1:5 Stock Split and 1:2 Bonus Issue

Kalind Ltd signed a framework agreement with UK's Dharan International Limited to jointly pursue infrastructure projects across Africa.

The agreement is non-exclusive, does not guarantee minimum business or revenue, and individual projects will require separate contracts.

Dharan International will identify and coordinate projects; Kalind Ltd will provide technical expertise and execute subcontract work.

The agreement has a three-year initial term with automatic renewal, and is not a related-party transaction.

Kalind Ltd completed a 1:5 stock split and a 1:2 bonus issue, with record date July 24, 2026.