Outcome of Board Meeting held on 12th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Kizi Apparels Ltd approved the receipt of the 8th tranche of consideration amounting to Rs. 25,99,650 for convertible warrants. These warrants were previously issued at Rs. 15.50 each (including Rs. 5.50 premium with Rs. 10 face value) on a preferential basis to Promoter/Promoter Group and public category. The allottees include Ms. Kiran Nathani, Mr. Abhishek Nathani, and Surinder Goel HUF. This is an ongoing payment tranche for warrants already allotted, not a conversion event.
This is a routine administrative update showing continued receipt of warrant consideration. It does not indicate warrant conversion to equity and has limited immediate impact on stock price.