StockWatch
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Trading & Distributors
Board Meeting30 Jun 2026, 06:00 pm

Callista Industries Allots Equity Shares and Convertible Warrants

AI Summary

Callista Industries Ltd announced the outcome of its Board Meeting held on June 30, 2026. The board approved the allotment of the fifth tranche of 6,92,500 equity shares at Rs. 10 each, raising Rs. 69,25,000. Additionally, 41,00,000 convertible equity warrants at Rs. 10 per warrant were allotted on a preferential basis, with 25% of the issue price received, totaling Rs. 1,02,50,000. These allotments are in accordance with shareholder resolutions and regulatory approvals. The company's paid-up equity share capital has increased to Rs. 6,73,90,880.

Key Highlights

  • Allotment of 6,92,500 equity shares for ₹69.25 Lakhs.
  • Allotment of 41,00,000 convertible warrants for ₹4.10 Crores.
  • Received 25% payment for warrants, amounting to ₹1.02 Crores.
  • Paid-up equity share capital increased to ₹6.74 Crores.
  • New shares rank pari-passu with existing equity shares.