Corporate Action12 May 2026, 10:29 am
Retaggio Industries Allots 3,06,000 Equity Shares
AI Summary
Retaggio Industries Ltd has allotted 3,06,000 equity shares to Retaggio Hospitality LLP (Promoter Group) upon conversion of warrants. The allotment was made pursuant to a special resolution passed on December 11, 2025, and in accordance with BSE's in-principle approval dated January 8, 2026. Post-allotment, the paid-up equity share capital of the company increased to ₹19,53,61,600 divided into 1,95,36,160 equity shares of ₹10 each. The board meeting concluded at 10:20 a.m. on May 12, 2026.
Key Highlights
- Retaggio Industries allots 3,06,000 equity shares to Retaggio Hospitality LLP.
- The allotment follows the conversion of warrants at ₹19.5 per share.
- Post-allotment, paid-up equity share capital rises to ₹19,53,61,600.
- The new equity shares rank pari passu with existing equity shares.
- Allotment is based on preferential basis as per SEBI (ICDR) Regulations, 2018.
Price Impact
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