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Corporate Action2 Nov 2026, 10:43 am

Retaggio Industries Allots 5.04 Lakh Equity Shares on Warrant Conversion

AI Summary

Retaggio Industries Ltd announced the allotment of 5,04,000 equity shares following the conversion of convertible warrants. The conversion was approved by shareholders on December 11, 2025, and received in-principle approval from BSE on January 8, 2026. The total paid-up equity share capital of the company has increased to ₹21,49,61,600, comprising 2,14,96,160 equity shares of ₹10 each. The new shares rank pari-passu with existing equity shares. The allotment price per share was ₹26, with 25% paid at the time of warrant subscription and the remaining 75% paid upon conversion.

Key Highlights

  • Allotment of 5,04,000 equity shares upon warrant conversion.
  • Company's paid-up equity share capital increased to ₹21.50 Crore.
  • New shares issued rank pari-passu with existing equity.
  • Conversion follows shareholder approval and BSE in-principle approval.