Kizi Apparels Ltd Receives Rs 26.30 Lakhs for 14th Tranche of Convertible Warrants
Kizi Apparels Limited has received the consideration for the 14th tranche of Convertible Warrants (Warrants). The funds were received from Abhishek Nathani and Evolvion Advisory Private Limited.The Company successfully completed this transaction, involving the issuance of warrants on a preferential basis to individuals belonging to the Promoter/Promoter Group and public Category. The total consideration received for this 14th tranche amounted to Rs 26,30,850/-.
Details regarding the warrant allotment are as follows:
| Detail | Value |
|---|---|
| Tranche Allotted | 14th |
| Issue Price per Warrant | Rs 15.50/ |
| Premium on Warrants | Rs 5.50/ |
| Face Value of Warrants | Rs 10.00/ |
The allottees for the warrants are Abhishek Nathani and Evolvion Advisory Private Limited.
Stock Price Movement
Kizi Apparels Ltd settled in the post-market trading session on Friday, dropping 4.92% and closing at ₹14.10 per share. Throughout the trading day, shares traded within a narrow band, hitting a low of ₹14.10 but reaching an intraday high of ₹14.85.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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