Koriander Consultants LLP gets 23 lakh convertible warrants in Callista
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Koriander Consultants LLP, a non-promoter entity, received 23,00,000 convertible warrants of Callista Industries Ltd via preferential allotment on 2 and 3 July 2026. Each warrant has face value of Rs 10 and converts 1:1 into equity at Rs 10 per share within 18 months. Post-allotment, the LLP's diluted holding in Callista rises to 21.70 percent, with 55 lakh warrants held. Warrants will either convert to equity or lapse per issue terms.
Non-promoter raises potential stake in Callista via warrants. Full conversion would dilute existing shareholders by about 7.68 percent.