Retaggio Ventures LLP Converts Warrants to Acquire 2,70,000 Equity Shares in Retaggio Industries Ltd, Increasing Stake by 1.46%
Retaggio Ventures LLP has disclosed the acquisition of 2,70,000 equity shares in Retaggio Industries Ltd on April 7, 2026. This acquisition resulted from the conversion of an equal number of convertible warrants, which were allotted via preferential allotment. Each warrant, with a face value of Rs. 10 and a premium of Rs. 16, was converted into one equity share. Post-conversion, Retaggio Ventures LLP's direct shareholding in Retaggio Industries Ltd increased by 1.46% of the total share capital and 0.78% of the total diluted capital. Before this conversion, Retaggio Ventures LLP held 28,80,000 warrants. After the conversion, their holding comprises 2,70,000 equity shares and 26,10,000 remaining warrants. The total diluted share capital of Retaggio Industries Ltd after this event stands at Rs. 34,67,61,600.
Key Highlights
- Retaggio Ventures LLP acquired 2,70,000 equity shares of Retaggio Industries Ltd through the conversion of convertible warrants.
- The acquisition, completed on April 7, 2026, was executed via a preferential allotment, with a 1:1 conversion ratio for the warrants.
- This transaction increased Retaggio Ventures LLP's direct equity stake by 1.46% of the total share capital and 0.78% of the total diluted capital.
- Following the conversion, Retaggio Ventures LLP now holds 2,70,000 equity shares and retains 26,10,000 convertible warrants in Retaggio Industries Ltd.