Deals13 Jul 2026, 08:20 pm
Kizi Apparels Receives ₹17.85 Lakh Tranche for Convertible Warrants
AI Summary
Kizi Apparels Ltd announced that its Board of Directors, in a meeting held on July 13, 2026, approved the receipt of the 19th tranche of consideration for the allotment of Convertible Warrants. The company received ₹17,85,600 from various allottees, including promoter group and public category individuals and entities. These warrants were issued at Rs. 15.50 each, with a premium of Rs. 5.50 and a face value of Rs. 10, in accordance with SEBI (ICDR) Regulations, 2018.
Key Highlights
- Board approved receipt of 19th tranche of convertible warrant consideration.
- Amount received is ₹17,85,600.
- Warrants issued at Rs. 15.50 each to promoter and public categories.
- Transaction complies with SEBI (ICDR) Regulations, 2018.
Price Impact
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