Announced Fri, 26 Jun · 12:51 IST
Board approves receipt of 16th tranche of convertible warrant consideration
Price
▲ 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
Kizi Apparels board approved receipt of the 16th tranche of consideration for convertible warrants at Rs 15.50 each (Rs 10 face value plus Rs 5.50 premium). The tranche amounts to Rs 7.90 lakh from allottees Umang Kamlesh Vora and Paresh J Patel, allotted on a preferential basis to promoter, promoter group and public category under SEBI ICDR Regulations.
Likely market impact
Small tranche size suggests gradual warrant conversion. Minimal immediate dilution impact on existing shareholders.