Please find the attached intimation of Corrigendum.
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Awaiting price reaction for this filing.
Callista Industries has issued a corrigendum to its AGM Notice (AGM scheduled for December 15, 2025), detailing changes to a preferential issue proposal in response to BSE feedback. The company plans to raise up to Rs. 35 crores through the issuance of 2,93,50,000 convertible warrants (Rs. 29.35 crores) and 56,50,000 equity shares (Rs. 5.65 crores), all priced at Rs. 10 each (face value). The funds are earmarked for: acquiring a 51% stake in Radhey Flexibles Packaging Pvt Ltd (Rs. 12 crores), acquiring 100% of Sadguru Flexibles Packaging Ltd plus working capital infusion (Rs. 14.5 crores), loan repayment (Rs. 1.5 crores), and general corporate purposes (Rs. 7 crores). Promoter Rashmi Ravi Sharma and promoter group members are subscribing significantly to the warrants. Pricing was determined via an independent valuer as the stock is infrequently traded on BSE.
If approved, shareholders will see equity dilution from the preferential issue, but the company gains capital for strategic acquisitions (creating two subsidiaries in the flexible packaging space), debt reduction, and operational needs. Existing shareholders should review the warrant terms (18-month exercise window, lock-in provisions) and the related-party transactions before the December 15, 2025 AGM vote.