StockWatch
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Trading & Distributors
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.