BSERetaggio Industries LtdMediumNeutral
Announced Wed, 29 Apr · 10:54 IST

Please find the attached Outcome of Board meeting.

Warrants ConvertedFund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+5.0%1-day move
₹53.02
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.0+5.0+10.2+20.7+28.3+11.3
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AI summary

Retaggio Industries' board allotted 3,30,000 equity shares of Rs. 10 each at Rs. 26 per share (total consideration Rs. 64.35 lakh) upon conversion of convertible warrants. This is the sixth tranche of conversion under a preferential allotment approved via a shareholder resolution on 11 December 2025 and with BSE in-principle approval received on 8 January 2026. The allottee is Retaggio Trading Services LLP, a promoter entity. Following this conversion, the company's paid-up equity capital stands at Rs. 19.23 crore comprising 1.92 crore shares. Promoter shareholding increased from 30.22% to 31.42% post-allotment.

Likely market impact

Promoter holding has increased to 31.42%, resulting in dilution for existing shareholders. The warrant-to-equity conversion adds fresh shares to the equity base.