Board Meeting5 Jun 2026, 03:23 pm
Kizi Apparels Receives ₹26.3 Lakh Warrant Consideration
AI Summary
Kizi Apparels Ltd announced the receipt of the 14th tranche of consideration for warrants issued on a preferential basis. The company received ₹26,30,850 from Abhishek Nathani and Evolvion Advisory Private Limited towards convertible warrants. These warrants were issued at a price of ₹15.50 each, with a face value of ₹10.00 and a premium of ₹5.50. The transaction aligns with SEBI's ICDR Regulations.
Key Highlights
- Received 14th tranche of warrant consideration amounting to ₹26.3 Lakhs.
- Allottees include Abhishek Nathani and Evolvion Advisory Private Limited.
- Warrants issued on preferential basis as per SEBI (ICDR) Regulations.
- Warrant issue price was ₹15.50 with ₹10 face value and ₹5.50 premium.
Price Impact
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