Callista Industries Ltd Completes Equity Share Allotment and Allocates Convertible Warrants
Callista Industries Limited announced two significant capital market transactions following its Board Meeting held on July 1, 2026. The company allotted a tranche of equity shares and issued convertible warrants as part of preferential issuances.The allotment of equity shares saw Roshan Lal Badrilal Maloo allot 20,000 equity shares at a total consideration price of Rs. 2,00,000/-. This tranche represents the sixth issuance of equity shares of Rs. 10/- each, which were fully paid up and issued on a preferential basis.
| Sr. No | Name of the Allottee(s) | No. of Equity Shares | Total Consideration Price |
|---|---|---|---|
| 1 | Roshan Lal Badrilal Maloo | 20,000 | 2,00,000/- |
Following the equity share allotment, the paid-up Equity Share Capital of Callista Industries Ltd increased to Rs. 6,75,90,880/, resulting in a total of 67,59,088 Equity Shares, each with a face value of Rs. 10/-. These newly issued equity shares rank pari-passu with the existing equity shares of the company.
Details of Convertible Warrant Allotment
The company also allotted 74,00,000 Convertible Equity Warrants on a preferential basis. The warrants were issued at an issue price of Rs. 10/- per warrant and aggregated to a total amount of Rs. 7,40,00,000/.In relation to the warrant issuance, the company has received 25% of the issue price, totaling Rs. 1,85,00,000/-, representing Rs. 2.50/- per warrant. The warrants are convertible into one Equity Share of Rs. 10/- each and can be exercised within a period of 18 months from the date of allotment by making the remaining payment of 75% of the total issue price in tranches.
Investor Allotment Details
Details pertaining to the preferential allotment of warrants include:| Name of Allottees | Category of Allottee | No. of Convertible Warrants Allotted | Post Preferential Issue Shareholding (%) |
|---|---|---|---|
| Manisha Vikaskumar Saraf | Non-Promoter | 4,00,000 | 10.02% |
| Koriander Consultants LLP | Non-Promoter | 20,00,000 | 21.71% |
| Punit Gopikishan Makharia | Non-Promoter | 25,00,000 | 8.35% |
| Gautam Gopikishan Makharia | Non-Promoter | 25,00,000 | 8.35% |
The company confirms that the Equity Shares proposed to be allotted upon the exercise of these warrants shall rank pari passu with the existing Equity Shares in all respects, including dividend entitlement and voting rights from the date of allotment.
Stock Price Movement
Callista Industries Ltd shares settled at ₹186.00 on Tuesday, maintaining their previous close amid a day of flat movement. The stock traded within the intraday range defined by a low of ₹182.30 and a high of ₹186.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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