Please find the attached Outcome of Board Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Retaggio Industries Ltd's board has allotted 4,62,000 equity shares of Rs. 10 each to Retaggio Trading Services LLP (promoter entity) following the conversion of convertible warrants. The conversion price was Rs. 26 per share (Rs. 6.5 paid at warrant subscription in January 2026, Rs. 19.5 paid now at conversion), totaling Rs. 90,09,000. This is the fifth tranche of warrant conversion. Post-allotment, the company's paid-up capital increased to Rs. 18.90 crore comprising 1,89,00,160 shares. The promoter's shareholding decreased from 33.73% to 30.22% due to dilution from the new share issuance, but they remain a significant stakeholder.
The warrant conversion is dilutive but standard for promoter entities. The shareholding percentage of the promoter decreased as new equity was issued. No immediate impact on stock price expected since conversion was anticipated and the allottee is an insider.