
Corporate Action6 Aug 2026, 10:27 am
Callista Industries Allots 10 Lakh Equity Shares on Warrant Conversion
AI Summary
Callista Industries Ltd announced the allotment of 10,00,000 equity shares following the conversion of convertible warrants. The board meeting held on August 6, 2026, approved the first tranche of this allotment. This conversion is in accordance with a special resolution passed on December 15, 2025, and a corrigendum dated June 4, 2026, with prior in-principle approval from BSE. The allottee, Manisha Vikaskumar Saraf, has paid the full consideration, including the balance 75% of the issue price. This allotment increases the company's paid-up equity share capital to Rs. 9,54,65,880/-.
Key Highlights
- 10,00,000 equity shares allotted upon warrant conversion.
- Allotment follows board meeting on August 6, 2026.
- Manisha Vikaskumar Saraf is the sole allottee.
- Paid-up equity share capital increased to Rs. 9,54,65,880/-.
- New shares rank pari-passu with existing equity shares.
Price Impact
More from CHPLIND