StockWatch
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Trading & Distributors
Investment22 Jun 2026, 05:30 pm

Callista Industries Allots 10 Lakh Equity Shares to Non-Promoter

AI Summary

Callista Industries Ltd announced the allotment of 10,00,000 equity shares of Rs. 10 each, fully paid up, to Koriander Consultants LLP on a preferential basis. This allotment, totaling ₹1,00,00,000, was approved by shareholders on December 15, 2025, and received in-principle approval from BSE. The company's paid-up equity share capital has consequently increased to ₹4,04,65,880. The new shares rank pari-passu with existing equity shares. The board meeting where this decision was made commenced at 4:45 p.m. and concluded at 5:15 p.m. on June 22, 2026.

Key Highlights

  • Allotment of 10,00,000 equity shares to Koriander Consultants LLP.
  • Total consideration for the allotment is ₹1,00,00,000.
  • Paid-up equity share capital increased to ₹4,04,65,880.
  • New shares rank pari-passu with existing equity.
  • Allotment made on a preferential basis.