Announced Thu, 25 Jun · 16:53 IST
Board approves 4th tranche equity allotment and warrants issue
Fund Raising View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Callista Industries board approved allotment of 2,50,000 equity shares (4th tranche) at Rs 10 each to Ankit Kanakia for Rs 25 lakh on preferential basis. Also allotted 8,00,000 convertible warrants at Rs 10 each to Manisha Saraf with 25 percent upfront received. Paid-up capital rises to Rs 6.04 crore across 60,46,588 shares.
Likely market impact
Dilution for existing shareholders; about Rs 1.05 crore raised from non-promoters. Warrants may convert into more shares within 18 months.