
Board Meeting21 May 2026, 06:42 pm
Kizi Apparels Receives ₹7.39 Lakh from Warrant Allotment
AI Summary
Kizi Apparels Ltd's Board of Directors, in a meeting held on May 21, 2026, approved the receipt of the 11th tranche of consideration amounting to ₹7,39,150 for the allotment of convertible warrants. These warrants 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. The consideration was received from allottee Ms. Kiran Nathani.
Key Highlights
- Kizi Apparels received ₹7.39 Lakh towards convertible warrants.
- The 11th tranche of consideration was approved by the Board on May 21, 2026.
- Warrants issued at ₹15.50 each to promoters and public category.
- Allotment is in accordance with SEBI (ICDR) Regulations, 2018.
Price Impact
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