StockWatch
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Trading & Distributors
Board Meeting24 Jun 2026, 06:00 pm

Callista Industries Allots 11 Lakh Equity Shares, 10 Lakh Warrants

AI Summary

Callista Industries Ltd announced the outcome of its Board Meeting held on June 24, 2026. The board approved the allotment of 11,00,000 equity shares at Rs. 10/- each on a preferential basis, raising a total consideration of Rs. 1,10,00,000/-. This allotment increases the company's paid-up equity share capital to Rs. 5,79,65,880/-. Additionally, the company allotted 10,00,000 convertible equity warrants at an issue price of Rs. 10/- per warrant, with 25% of the issue price (Rs. 2.50/- per warrant) received, totaling Rs. 25,00,000/-. These warrants are convertible into equity shares on a preferential basis.

Key Highlights

  • Allotment of 11,00,000 equity shares on preferential basis.
  • Raised ₹1,10,00,000 from equity share allotment.
  • Allotted 10,00,000 convertible warrants.
  • Received ₹25,00,000 for warrant allotment (25% of issue price).
  • Paid-up equity share capital increased to ₹5,79,65,880.