Business Update30 May 2026, 03:42 pm
Kizi Apparels Receives ₹21.8 Lakh from Warrant Conversion
AI Summary
Kizi Apparels Ltd's Board of Directors approved the receipt of the 13th tranche of consideration amounting to ₹21,80,850 from Parshva Alloys Private Limited for the allotment of convertible warrants. These warrants were issued at ₹15.50 each, including a premium of ₹5.50, to the Promoter/Promoter Group and public category on a preferential basis, in accordance with SEBI (ICDR) Regulations, 2018.
Key Highlights
- Kizi Apparels received ₹21.8 Lakh as the 13th tranche for warrant conversion.
- The warrants were issued at ₹15.50 each, including a premium of ₹5.50.
- Allottee is Parshva Alloys Private Limited.
- The allotment is based on SEBI (ICDR) Regulations, 2018.
Price Impact
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