
Board Meeting1 Jul 2026, 07:30 pm
Callista Industries Allots Equity Shares and Convertible Warrants
AI Summary
Callista Industries Ltd held a Board Meeting on July 1, 2026, to approve the allotment of 20,000 equity shares and 74,00,000 convertible warrants. The equity shares were allotted on a preferential basis for a total consideration of ₹2,00,000. This allotment increases the company's paid-up equity share capital to ₹6,75,90,880. Additionally, the company has received 25% of the issue price for the convertible warrants, totaling ₹1,85,00,000, with the remaining allotment subject to applicable laws and company regulations. The new equity shares rank pari-passu with existing shares.
Key Highlights
- Board approved allotment of 20,000 equity shares.
- Company received 25% payment for 74,00,000 convertible warrants.
- Paid-up equity share capital increased to ₹6,75,90,880.
- New shares will rank pari-passu with existing equity shares.
Price Impact
More from CHPLIND