Corporate Action13 Aug 2026, 11:11 am
Retaggio Industries Allots 6.8 Lakh Equity Shares on Warrant Conversion
AI Summary
Retaggio Industries Ltd announced the allotment of 6,80,000 equity shares following the conversion of convertible warrants. The board meeting held on August 13, 2026, approved this preferential allotment. The conversion of these warrants, initially issued on December 11, 2025, has increased the company's paid-up equity share capital to ₹20,48,81,600. The new shares rank pari-passu with existing equity shares. The allotment involved two entities: Retaggio Ventures LLP and Retaggio Trading Services LLP.
Key Highlights
- 6,80,000 equity shares allotted upon warrant conversion.
- Paid-up equity capital increased to ₹20,48,81,600.
- Allotment made on a preferential basis.
- Two promoter group entities received the shares.
- New shares rank pari-passu with existing equity.
Price Impact
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