Shareholding24 Jun 2026, 05:10 pm
Koriander Consultants LLP Acquires 12 Lakh Warrants in Callista Industries
AI Summary
Callista Industries Ltd has announced that Koriander Consultants LLP has been allotted 12,00,000 convertible warrants, each with a face value of Rs. 10. This acquisition, made via preferential allotment, increases Koriander Consultants LLP's total potential shareholding to 22,00,000 instruments. The warrants are convertible into equity shares at a ratio of 1:1 within 18 months from the allotment date of June 23, 2026, at a conversion price of Rs. 10 per share. This transaction is disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Koriander Consultants LLP acquired 12,00,000 convertible warrants.
- Acquisition was via preferential allotment at Rs. 10 per warrant.
- Warrants convertible to equity shares at 1:1 ratio.
- Total potential holding increases to 22,00,000 instruments.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
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