Corporate Action26 Oct 2026, 05:30 pm
Callista Industries Allots 8.3 Lakh Equity Shares on Warrant Conversion
AI Summary
Callista Industries Ltd announced the allotment of 8,30,000 equity shares, fully paid up, upon the conversion of convertible warrants. This allotment is the sixth tranche and follows a special resolution passed by shareholders and in-principle approval from BSE. The conversion involved the payment of the balance 75% of the consideration by the warrant holders. The total paid-up equity share capital of the company has increased to ₹11,68,00,000/- divided into 1,16,80,000 equity shares of ₹10/- each. The new shares rank pari-passu with existing equity shares.
Key Highlights
- Allotment of 8,30,000 equity shares upon warrant conversion.
- Company's paid-up equity share capital increased to ₹11.68 Crore.
- New shares issued rank pari-passu with existing shares.
- Allotment follows shareholder approval and regulatory in-principle approval.
- Two entities, Koriander Consultants LLP and Ravi Jabbar Sharma, were allotted shares.
Price Impact
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