Outcome of Board Meeting held on 27th 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 12th tranche of consideration amounting to Rs. 5,50,000 (Rupees Five Lakh Fifty Thousand Only) from allottee Evolvion Advisory Private Limited. This pertains to Convertible Warrants issued at a price of Rs. 15.50 per warrant (face value Rs. 10 + premium Rs. 5.50), on a preferential basis to Promoter/Promoter Group and public category. The warrants were issued under Chapter V of SEBI (ICDR) Regulations, 2018. The meeting was held on 27th May 2026 and concluded within 30 minutes.
The receipt of warrant consideration indicates ongoing capital inflow from the preferential issuance. Shareholders should note that conversion of these warrants into equity will dilute existing shareholding over time.