BSECallista Industries LtdMediumNeutral
Announced Thu, 25 Jun · 16:56 IST

Allotment of equity shares and convertible warrants on preferential basis

Fund Raising View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Callista Industries allotted 2,50,000 equity shares (4th tranche) at Rs 10 each to non-promoter Ankit Kanakia for Rs 25 lakh. Also allotted 8,00,000 convertible warrants at Rs 10 each to non-promoter Manisha Saraf for Rs 80 lakh, with 25 percent already received. Paid-up equity capital now stands at Rs 6.04 crore (60,46,588 shares). Warrants are convertible into equal equity shares within 18 months on payment of remaining 75 percent.

Likely market impact

Dilution for existing shareholders from preferential share and warrant issuance to non-promoters. Keep track of warrant conversion timeline.