Corporate Action12 May 2026, 10:32 am
Retaggio Industries Allots 3.06 Lakh Equity Shares
AI Summary
Retaggio Industries Ltd allotted 3,06,000 equity shares of ₹10 each, fully paid up, pursuant to the conversion of 3,06,000 convertible warrants into equity shares on a preferential basis. The allotment was made following shareholder approval on December 11, 2025, and in-principle approval from BSE Limited on January 8, 2026. Post-allotment, the paid-up equity share capital increased to ₹19,53,61,600, divided into 1,95,36,160 equity shares of ₹10 each. Retaggio Hospitality LLP was the allottee. The board meeting for the allotment concluded on May 12, 2026.
Key Highlights
- Retaggio Industries allots 3,06,000 equity shares via warrant conversion.
- Equity shares allotted to Retaggio Hospitality LLP on preferential basis.
- Paid-up equity share capital increases to ₹19,53,61,600 post allotment.
- Allotment follows shareholder and BSE approval.
- New equity shares rank pari-passu with existing shares.
Price Impact
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