Kizi Apparels Ltd Boards Approve Receipt of Consideration for 17th Tranche of Convertible Warrants
Kizi Apparels Ltd has approved the receipt of consideration related to the 17th tranche of Convertible Warrants issued by the company. The approval was made during a Board meeting held on June 29, 2026.The Board confirmed receiving Rs. 7,90,500/- toward the 17th installment of the Convertible Warrants (Warrants). This cash consideration was received from Mr. Umang Kamlesh Vora and Mr. Paresh J Patel.
The warrants were issued at a price of Rs. 15.50/ each. This issue price includes a face value of Rs. 10.00/ and a premium of Rs. 5.50/ per warrant. The Warrants are designated for the allotment to the Promoter/Promoter Group and public Category on a preferential basis.
Stock Price Movement
At 14:42, Kizi Apparels Ltd shares are edging lower, trading at ₹14.30 after dipping by 4.03%. The stock experienced intraday movement, finding support near the low of ₹13.46 and reaching a high of ₹14.30 during trading hours.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.