StockWatch
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Trading & Distributors
Board Meeting24 Jun 2026, 06:00 pm

Callista Industries Allots Equity Shares and Warrants

AI Summary

Callista Industries Ltd held a Board Meeting on June 24, 2026, to approve the allotment of 11,00,000 equity shares at Rs. 10 each, totaling Rs. 1,10,00,000. This allotment is the third tranche on a preferential basis, following shareholder approval and in-principle approval from BSE. The company also allotted 10,00,000 convertible equity warrants at Rs. 10 per warrant, with 25% of the issue price received. These warrants are convertible into equity shares and rank pari passu with existing shares. The paid-up equity share capital has increased to Rs. 5,79,65,880.

Key Highlights

  • Allotment of 11,00,000 equity shares for ₹1.10 Cr.
  • 10,00,000 convertible warrants allotted at ₹10 each.
  • Paid-up equity capital increased to ₹5.79 Cr.
  • New shares and future shares from warrants rank pari passu.
  • Allotments made on a preferential basis.