New Launch5 Mar 2026, 03:25 pm
Retaggio Industries Ltd Allots 16,00,000 Equity Shares Following Conversion of Convertible Warrants
AI Summary
Retaggio Industries Ltd has allotted 16,00,000 equity shares of Rs. 10/- each, fully paid up, pursuant to the conversion of 16,00,000 convertible warrants into Equity Shares on Preferential Basis. This decision was made in a Board Meeting held on 05 March, 2026. The allotment was made in accordance with the Special resolution passed by the shareholders on 11 December, 2025 and pursuant to the In-principle approval received from BSE Limited. The new equity shares rank pari-passu with the existing equity shares. The relevant details pertaining to the above are enclosed as ‘Annexure A’.
Key Highlights
- Retaggio Industries Ltd has allotted 16,00,000 equity shares of Rs. 10/- each, fully paid up.
- The allotment was made pursuant to the conversion of 16,00,000 convertible warrants into Equity Shares on Preferential Basis.
- The allotment was made in accordance with the Special resolution passed by the shareholders on 11 December, 2025.
- The new equity shares rank pari-passu with the existing equity shares.
- The relevant details pertaining to the above are enclosed as ‘Annexure A’.