StockWatch
·
Garments & Apparels
Board Meeting9 Jul 2026, 04:24 pm

Kizi Apparels Receives ₹6.32 Lakhs for Warrant Allotment

AI Summary

Kizi Apparels Ltd announced the receipt of the 18th tranche of consideration for the allotment of convertible warrants. The amount received is ₹6,32,400 from Mr. Umang Kamlesh Vora and Mr. Paresh J Patel. These warrants were issued on a preferential basis at a price of Rs. 15.50 each, including a premium of Rs. 5.50 and a face value of Rs. 10.00. The board meeting where this was approved was held on July 9th, 2026.

Key Highlights

  • Received 18th tranche of consideration for warrants.
  • Amount received is ₹6,32,400.
  • Allotment made to Promoter/Promoter Group and public.
  • Warrants issued at Rs. 15.50 each.
  • Board meeting held on July 9th, 2026 approved the receipt.