Corporate Action24 Oct 2026, 03:30 pm
Callista Industries Allots 4,50,000 Equity Shares on Warrant Conversion
AI Summary
Callista Industries Ltd announced the allotment of 4,50,000 Equity Shares to non-promoter Koriander Consultants LLP, pursuant to the conversion of convertible warrants. The allotment, made on October 24, 2026, follows the payment of the remaining 75% consideration by the warrant holders. This issuance increases the company's paid-up equity share capital to ₹10,85,00,000, comprising 1,08,50,000 equity shares. The new shares rank pari-passu with existing equity shares.
Key Highlights
- Board meeting held on October 24, 2026, approved the allotment.
- 4,50,000 equity shares allotted upon conversion of warrants.
- Allotment made to non-promoter Koriander Consultants LLP.
- Paid-up equity share capital increased to ₹10.85 Crore.
- New shares issued rank pari-passu with existing shares.
Price Impact
More from CALLISTA