Announced Thu, 9 Jul · 10:21 IST

Non-promoter Vijay Poddar allotted 9 lakh warrants via preferential issue

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

Loading chart…

▲ 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

Non-promoter Vijay Jaideo Poddar was allotted 9,00,000 convertible warrants of face value Rs 10 in Callista Industries on 3 July 2026 through a preferential issue. Each warrant converts 1:1 into equity at Rs 10 within 18 months, with no redemption feature. Post-allotment his total holding stands at 14,00,000 shares and warrants, equating to 4.67 percent on a diluted basis, triggering the SAST Reg 29(1) disclosure. The company equity capital rises to Rs 7.55 crore from Rs 6.96 crore as a result.

Likely market impact

Small non-promoter stake build-up via warrants, just below the 5 percent reporting threshold; signals a potential future equity stake and mild dilution for existing shareholders.