Corporate Action23 Sept 2026, 03:57 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, was approved by the Board of Directors on September 23, 2026. The conversion is in accordance with a special resolution passed by shareholders and in-principle approval from BSE. The company's paid-up equity share capital has increased to Rs. 10 crore.
Key Highlights
- Board approved allotment of 4,53,412 equity shares.
- Allotment is from conversion of convertible warrants.
- Paid-up equity share capital increased to Rs. 10 crore.
- New shares rank pari-passu with existing equity shares.
- Koriander Consultants LLP is the allottee.
Price Impact
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