Revised Outcome of Board Meeting held on 29th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kizi Apparels Ltd's board meeting on 29th May 2026 approved receipt of Rs. 21,80,850 (about Rs. 21.8 lakh) as the 13th tranche of consideration for convertible warrants allotted to Parshva Alloys Private Limited. The warrants were issued at Rs. 15.50 each, comprising a face value of Rs. 10 and a premium of Rs. 5.50. The allotment was made on a preferential basis to the promoter/promoter group and public category, in compliance with SEBI ICDR Regulations 2018. This is part of an ongoing warrant conversion programme, with the meeting held at the company's Jaipur registered office.
The company continues to receive warrant conversion consideration in small tranches, bringing incremental capital. The 13th tranche of approximately Rs. 21.8 lakh is modest. Shareholders should note this is an existing programme rather than a new funding event.