With reference to the Board Meeting held on 24th March, 2026 and pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kizi Apparels Ltd's Board of Directors, in their meeting on 30th April 2026, approved the receipt of Rs. 14,95,000 (approximately Rs. 15 lakh) as the 6th tranche of consideration for convertible warrants. The warrants were issued at Rs. 15.50 each (face value Rs. 10 + premium Rs. 5.50) on a preferential basis to Promoter/Promoter Group and public category. The allottees are Ms. Kiran Nathani (Rs. 10 lakh) and Mr. Raj Kumar Nathani (Rs. 4.95 lakh). The warrants are convertible instruments meaning holders can convert them into equity shares at a later date.
This indicates the company is receiving tranche-based consideration for warrants issued earlier. For shareholders, this is a dilutory event as warrant conversion will increase share capital. The preferential issuance to promoters shows continued capital infusion from the promoter group.