Family-owned Shri Krishana Overseas Ltd (SKL) has listed at the Nairobi Securities Exchange. The company joins a growing list of Small and Medium Enterprises that are increasingly tapping into the NSE to fuel expansion in the SME Market Segment.
SKL, a local manufacturer of packaging materials, has listed 50.5 million ordinary shares by introduction, with 8.7 million shares immediately available for trading at KES 5.90 (5 shillings and 90 cents).
The move underscores the growing interest among mid-sized, founder-led businesses to leverage public markets for long-term sustainability and visibility.
The listing ceremony was attended by key officials from the Capital Markets Authority (CMA), Nairobi Securities Exchange, and KenInvest, marking a significant milestone for Kenya's packaging industry.
Source: Citizen TV
Read original article at Citizen TV