Announced Tue, 21 Apr · 18:37 IST
Board approves 2nd tranche payment for convertible warrants
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹16.00
prior close
₹15.68
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+2.0+4.4+0.0——-5.9-6.2-3.1-11.8—+27.4
Up moveDown movePending
AI summary
The Board of Kizi Apparels Ltd approved receipt of the 2nd tranche consideration for Convertible Warrants issued on a preferential basis. Warrants are priced at Rs. 15.50 each (Rs. 10 face value + Rs. 5.50 premium). The 2nd tranche amount of Rs. 11,62,500 was received from Ms. Suchitra Nathani, belonging to the Promoter/Promoter Group and public category. Board meeting was held on 21st April 2026 at the Jaipur registered office.
Likely market impact
Tranche payment advances warrants toward conversion into equity, signaling ongoing capital raise progress and potential future share dilution.