Please find the attached Outcome of Board Meeting for Allotment of Warrants.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Retaggio Industries approved the allotment of 28,80,000 convertible equity warrants at Rs. 26 per warrant (including Rs. 16 premium over Rs. 10 face value), aggregating to Rs. 7.49 crore on a preferential basis. The Company has already received 25% application money of Rs. 1.87 crore (Rs. 6.50 per warrant) from the sole allottee. The warrants are convertible into equal number of equity shares within 18 months upon payment of the remaining Rs. 19.50 per warrant. BSE had already granted in-principle approval on January 8, 2026.
All warrants have been allotted to a single Promoter Group entity (Retaggio Ventures LLP), which will hold 8.31% post-conversion on a fully diluted basis. This is a promoter-led capital infusion rather than a fresh external fundraising, so dilution is contained and signal is supportive of promoter commitment, though existing public shareholders face potential dilution if warrants are converted.