Announced Wed, 23 Sept, 2026 · 15:55 IST

Board allotted 4,53,412 shares on warrant conversion to Koriander Consultants LLP

Warrants ConvertedFund Raising View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
-6.8%1-day move
₹139.00
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AI summary

Callista Industries allotted 4,53,412 equity shares of Rs 10 face value on conversion of convertible warrants to Koriander Consultants LLP (non-promoter). The allottee paid the balance 75 percent consideration at Rs 7.5 per share, totaling about Rs 34 lakh. This is the third tranche of conversion under a preferential issue approved by shareholders on 15 December 2025, with warrants originally allotted on 23 June 2026. Koriander's stake rises from 10.47 percent to 14.53 percent. The company's paid-up equity capital now stands at Rs 10 crore, divided into 1 crore equity shares.

Likely market impact

Minor dilution as Koriander's stake rises to 14.53 percent. Small-sized preferential conversion; limited impact on existing shareholders.