Manisha Vikaskumar Saraf Receives 8,00,000 Convertible Warrants in Callista Industries Ltd
Manisha Vikaskumar Saraf has been allotted 8,00,000 Convertible Warrants of Face Value Rs. 10/- each in Callista Industries Ltd. The allotment occurred on June 30, 2026.The acquisition pertains to the shares of Callista Industries Ltd (Scrip Code: 539335). As per records, Manisha Vikaskumar Saraf holds no status as a Promoter or as part of the Promoter group in the target company.
Regarding the details of this transaction, the allotment marked a significant increase in holding for the acquirer. Prior to the current acquisition, the acquirer held 18,00,000 instruments entitling them to receive shares carrying voting rights. The recent acquisition saw an additional allotment of 8,00,000 warrants, representing 2.67% of the diluted share/voting capital of Callista Industries Ltd.
Following this transaction, Ms. Saraf’s total holding in convertible securities increased to 26,00,000, constituting 8.68% of the diluted share/voting capital.
The acquired warrants feature a specific conversion timeline and terms. The instruments are designated as Warrants Convertible within 18 months from the date of allotment at a conversion ratio of 1:1 at a conversion price of Rs. 10 per share. The warrants do not have a redemption feature and will either be converted into equity or lapse as per the terms of issue.
Key financial metrics related to the acquisition are presented below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Equity Share Capital / Total Voting Capital | Rs. 6,04,65,880/- | Rs. 6,73,90,880/- |
| Total Diluted Share/Voting Capital | - | Rs. 29,94,65,880/- |
The acquisition details are summarized in the table below:
| Category | Detail |
|---|---|
| Target Company | Callista Industries Ltd (Scrip Code: 539335) |
| Acquirer Name | Manisha Vikaskumar Saraf |
| Nature of Acquisition | Convertible Warrants |
| Number of Warrants acquired | 8,00,000 |
| Face Value per Warrant | Rs. 10/- |
| Date of Acquisition | June 30, 2026 |
Stock Price Movement
Callista Industries Ltd shares settled at ₹186.00 at the close of trade on Tuesday, recording no net percentage change. Throughout the session, the stock traded within an intraday range spanning from a low of ₹182.30 to 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.
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.