Please find the attached Outcome of Board Meeting held on 12th May, 2026, for Allotment of Equity Shares pursuant to Conversion of Warrants.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Retaggio Industries Ltd's Board has allotted 3,06,000 equity shares of Rs. 10/- each to Retaggio Hospitality LLP (Promoter Group) upon full conversion of 3,06,000 convertible warrants. The allottees paid the balance 75% of the consideration (Rs. 19.5 per share) to complete the conversion, bringing the total issue price to Rs. 26 per share. This is the seventh tranche of warrant conversions under a preferential allotment approved by shareholders on 11th December 2025 and in-principle approved by BSE on 8th January 2026. Post-allotment, the company's paid-up equity capital stands at Rs. 19.53 crore comprising 1,95,36,160 shares. Retaggio Hospitality LLP's new shareholding stands at 1.57% post the allotment.
This is a promoter-group led dilution event where warrants held by a promoter entity have been converted to equity, increasing the share capital by ~1.58%. The warrants were converted at Rs. 26 per share, which is 160% above face value, indicating the warrants were issued at a premium. Existing shareholders face minor dilution to their percentage holding.