StockWatch
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Trading & Distributors
Board Meeting2 Jul 2026, 05:50 pm

Callista Industries Allots Equity Shares and Convertible Warrants

AI Summary

Callista Industries Ltd announced the outcome of its Board Meeting held on July 2, 2026. The board approved the allotment of the seventh tranche of 2,00,000 equity shares at a price of Rs. 10 each, raising Rs. 20,00,000. This allotment increases the company's paid-up equity share capital to Rs. 6,95,90,880. Additionally, the company has received 25% of the issue price for 35,25,000 convertible equity warrants, aggregating to Rs. 88,12,500. These warrants are convertible into equity shares at Rs. 10 per warrant. The new equity shares and shares upon warrant conversion will rank pari passu with existing shares.

Key Highlights

  • Allotment of 2,00,000 equity shares for ₹20,00,000.
  • Paid-up equity capital increased to ₹6,95,90,880.
  • 35,25,000 convertible warrants allotted at ₹10 each.
  • Received ₹88,12,500 as 25% advance for warrants.
  • New shares will rank pari passu with existing equity.