Please find the attacehd Outcome of Board Meeting for Allotment of Convertible Warrants.
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The Board of Retaggio Industries Ltd has approved the allotment of 15,07,692 convertible equity warrants at Rs. 26 per warrant (including a premium of Rs. 16 over face value of Rs. 10), aggregating to about Rs. 3.92 crore. These warrants have been allotted on a preferential basis to a single investor, M/s Retaggio Trading Services LLP, which belongs to the promoter group of the company. The company has already received 25% of the issue price (Rs. 97.99 lakh) as upfront application money, with the remaining 75% to be paid within 18 months at the time of conversion into equity shares. BSE had already granted in-principle approval on January 8, 2026. On a fully diluted basis, the promoter's shareholding will stand at 31.70% post-conversion, marginally lower than the pre-issue holding of 33.73%.
This is a promoter-group capital infusion, which signals promoter confidence in the business, though the size is relatively small (about Rs. 3.92 crore). Existing shareholders may see a minor dilution of around 2 percentage points in promoter stake once the warrants are converted over the next 18 months.