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Corporate Action2 Jul 2026, 05:50 pm

Callista Industries Allots 2 Lakh Equity Shares, 35 Lakh Warrants

AI Summary

Callista Industries Ltd announced the outcome of its Board Meeting held on July 2, 2026. The board approved the allotment of the seventh tranche of 2,00,000 equity shares at ₹10 each, raising ₹20,00,000. This allotment was made on a preferential basis to Gaurav Jhunjhunwala. Concurrently, the company also confirmed the allotment of 35,25,000 convertible equity warrants at ₹10 per warrant, for a total of ₹3,52,50,000. The company has received 25% of the issue price for these warrants, amounting to ₹88,12,500. These actions are in line with shareholder approvals and regulatory guidelines, including in-principle approval from BSE Limited. The paid-up equity share capital of the company has increased to ₹6,95,90,880.

Key Highlights

  • Allotment of 2,00,000 equity shares for ₹20 Lakhs.
  • Allotment of 35,25,000 convertible warrants for ₹3.52 Crores.
  • Company received 25% advance for warrants, totaling ₹88.12 Lakhs.
  • Paid-up equity capital increased to ₹6.95 Crores.
  • Allotments made on preferential basis as per SEBI regulations.