
Board Meeting25 Jun 2026, 05:00 pm
Callista Industries Allots Equity Shares and Convertible Warrants
AI Summary
Callista Industries Ltd announced the outcome of its Board Meeting held on June 25, 2026. The board approved the allotment of the fourth tranche of 2,50,000 equity shares at ₹10 each, totaling ₹25,00,000. This preferential allotment, based on a special resolution and BSE's in-principle approval, increases the company's paid-up equity share capital to ₹6,04,65,880. Additionally, the company allotted 8,00,000 convertible equity warrants at ₹10 per warrant, aggregating to ₹80,00,000, with 25% of the issue price received. These warrants are convertible into equity shares ranking pari passu with existing shares. The meeting also confirmed the receipt of 25% of the issue price for these warrants.
Key Highlights
- Allotment of 2,50,000 equity shares on preferential basis.
- Company's paid-up equity share capital increased to ₹6,04,65,880.
- 8,00,000 convertible equity warrants allotted at ₹10 each.
- New equity shares and warrants rank pari passu with existing shares.
Price Impact
More from CHPLIND