Kizi Apparels Ltd Receives Consideration for 18th Tranche of Convertible Warrants
Kizi Apparels Ltd has successfully received the consideration for the 18th tranche of Convertible Warrants following its Board Meeting. The allotment was made on a preferential basis to Promoters and members of the Promoter Group or public Category.The company has received the amount of Rs. 6,32,400/- towards the 18th tranche of these Convertible Warrants. The consideration was paid by Mr. Umang Kamlesh Vora and Mr. Paresh J Patel.
The warrants were issued at a price of Rs. 15.50/- each. This issue included a face value of Rs. 10.00/-, which incorporated a premium of Rs. 5.50/- per warrant.
Stock Price Movement
Kizi Apparels Ltd settled Wednesday after ticking up, finishing the day at ₹13.99, which represents a gain of +1.38%.The shares traded completely flat throughout the session, as both the intraday high and low were logged at ₹13.99.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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