Board Meeting26 Jun 2026, 12:53 pm
Kizi Apparels Receives ₹7.9 Lakh for Convertible Warrants
AI Summary
Kizi Apparels Ltd announced the receipt of the 16th tranche of consideration for the allotment of Convertible Warrants. The amount received is ₹7,90,500/- from Mr. Umang Kamlesh Vora and Mr. Paresh J Patel. These warrants were issued at a price of ₹15.50 each, including a premium of ₹5.50 and a face value of ₹10.00, on a preferential basis to promoter/promoter group and public categories, in compliance with SEBI (ICDR) Regulations, 2018. The board meeting where this was approved was held on June 26, 2026.
Key Highlights
- Received 16th tranche of convertible warrant consideration.
- Amount received totals ₹7,90,500.
- Warrants issued at ₹15.50 each on preferential basis.
- Allottees are Mr. Umang Kamlesh Vora and Mr. Paresh J Patel.
Price Impact
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