Corporate Action23 Sept 2026, 04:01 pm
Callista Industries Allots 4.53 Lakh Shares on Warrant Conversion
AI Summary
Callista Industries Ltd announced the allotment of 4,53,412 equity shares following the conversion of convertible warrants. This allotment, representing the third tranche, increases the company's paid-up equity share capital to ₹10,00,00,000. The new shares rank pari-passu with existing ones. The conversion was approved by shareholders and in-principle by BSE.
Key Highlights
- Allotment of 4,53,412 equity shares upon warrant conversion.
- Paid-up equity share capital increased to ₹10 crore.
- New shares issued on a preferential basis.
- Allotment follows shareholder approval and regulatory in-principle approval.
- Koriander Consultants LLP is the primary allottee.
Price Impact
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