Kizi Apparels Limited Promoter Acquires Additional Equity Shares Through Warrant Conversion
Abhishek Nathani, the Promoter and Managing Director of Kizi Apparels Limited, has acquired an additional 5,01,000 equity shares in the company. The transaction took place on July 14, 2026, following the conversion of warrants into equity shares through a preferential allotment process.The acquisition marks a significant update to the promoter's holding within the company. Prior to this transaction, Mr. Nathani held 44,82,300 shares, which represented a 57.32% stake. Following the acquisition of the additional 5,01,000 shares, his total holdings now stand at 49,83,300 shares, representing a 49.23% holding in the company.
| Shareholding Milestone | Number of Shares | Percentage Holding |
|---|---|---|
| Before Acquisition | 44,82,300 | 57.32% |
| Acquired Shares | 5,01,000 | 4.95% |
| After Acquisition | 49,83,300 | 49.23% |
The transaction has also influenced the overall equity capital of Kizi Apparels Limited. Before the allotment on July 14, 2026, the company's equity share capital was 78,19,200 shares (Rs. 7,81,92,000/-). Following the acquisition and the conversion of warrants, the total diluted share capital of the company has increased to 1,01,23,200 equity shares, aggregating to Rs. 10,12,32,000/-.
Stock Price Movement
Kizi Apparels Ltd shares surged at the close of trade on Wednesday, settling at ₹16.62, up 18.80%. The stock swung between an intraday low of ₹14.85 and a high of ₹16.78 during the session.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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