Board Meeting22 Jun 2026, 05:30 pm
Callista Industries Allots 10 Lakh Equity Shares to Non-Promoter
AI Summary
Callista Industries Ltd announced the outcome of its Board Meeting held on June 22, 2026, wherein the company allotted 10,00,000 equity shares of Rs. 10 each to Koriander Consultants LLP on a preferential basis. This allotment, totaling ₹1,00,00,000, was made pursuant to a special resolution passed by shareholders on December 15, 2025, and in-principle approval from BSE. The company's paid-up equity share capital has consequently increased to Rs. 4,04,65,880. The newly issued shares rank pari-passu with existing equity shares. The meeting commenced at 4:45 p.m. and concluded at 5:15 p.m.
Key Highlights
- Callista Industries allotted 10,00,000 equity shares to Koriander Consultants LLP.
- The allotment was made on a preferential basis for a total consideration of ₹1,00,00,000.
- The company's paid-up equity share capital increased to ₹4,04,65,880.
- New shares issued rank pari-passu with existing equity shares.
- Allotment follows shareholder approval and BSE in-principle approval.
Price Impact
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