StockWatch
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Trading & Distributors
Corporate Action3 Aug 2026, 06:41 pm

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 3, 2026, approved the conversion of 10,00,000 warrants into equity shares of Rs. 10 each, fully paid up. This action was taken in accordance with a special resolution passed on December 15, 2025, and subsequent approvals. The allottee, Manisha Vikaskumar Saraf, has paid the full consideration for the conversion. This allotment increases the company's paid-up equity share capital to Rs. 8,54,65,880.

Key Highlights

  • 10,00,000 equity shares allotted upon warrant conversion.
  • Allotment follows board meeting on August 3, 2026.
  • Increases paid-up equity share capital to Rs. 8,54,65,880.
  • New shares rank pari-passu with existing equity shares.
  • Manisha Vikaskumar Saraf is the sole allottee.