Callista Industries Allots 8.3 Lakh Equity Shares on Warrant Conversion

Callista Industries Ltd announced the allotment of 8,30,000 Equity Shares, fully paid up, pursuant to the conversion of 8,30,000 convertible warrants into Equity Shares on a preferential basis. The allotment was made to promoter group and non-promoter entities. The total consideration received for this conversion was ₹62,25,000/-. This allotment increases the company's Paid-up Equity Share Capital to ₹11,68,00,000/-, comprising 1,16,80,000 Equity Shares. The new shares rank pari-passu with existing equity shares.