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Trading & Distributors
Board Meeting1 Jul 2026, 07:31 pm

Callista Industries Allots 20,000 Equity Shares, Increases Capital to ₹6.75 Cr

AI Summary

Callista Industries Ltd announced the outcome of its Board Meeting held on July 1, 2026, detailing the allotment of 20,000 equity shares of Rs. 10 each on a preferential basis. This allotment, part of the sixth tranche, was made to Roshan Lal Badrilal Maloo for a total consideration of Rs. 2,00,000. Consequently, the company's paid-up equity share capital has increased to Rs. 6,75,90,880, comprising 67,59,088 equity shares. The board also approved the allotment of 74,00,000 convertible equity warrants at Rs. 10 per warrant, with 25% of the issue price (Rs. 1,85,00,000) already received. These warrants are convertible into equity shares and rank pari passu with existing shares.

Key Highlights

  • Allotted 20,000 equity shares on preferential basis.
  • Paid-up equity share capital increased to Rs. 6.75 Crore.
  • Approved allotment of 74 Lakh convertible warrants.
  • Warrants convertible into equity shares, ranking pari passu.