StockWatch
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Garments & Apparels
Business Update29 May 2026, 04:17 pm

Kizi Apparels Receives ₹10.04 Lakh from Convertible Warrants

AI Summary

Kizi Apparels Ltd's board approved the receipt of the 13th tranche of consideration for allotment of Convertible Warrants. The company received ₹10,04,850 from Parshva Alloys Private Limited towards these warrants, which were issued at ₹15.50 each (including a premium of ₹5.50) to promoters/promoter group and public category on a preferential basis, in accordance with SEBI (ICDR) Regulations, 2018.

Key Highlights

  • Kizi Apparels received ₹10.04 Lakh for Convertible Warrants.
  • The warrants were issued at ₹15.50 each, including a premium of ₹5.50.
  • Funds received from Parshva Alloys Private Limited.
  • Allotment is in accordance with SEBI (ICDR) Regulations, 2018.