<h1>Vijay Jaideo Poddar Acquires Convertible Warrants in Callista Industries Ltd</h1>
Callista Industries Ltd, holding Scrip Code 539335, saw a significant acquisition involving Vijay Jaideo Poddar. Mr. Poddar was allotted 0.00 lakh Convertible Warrants on July 3, 2026. These warrants carry a nominal face value of Rs 10 per share and were issued with terms allowing them to be converted into equity shares within 18 months from the date of allotment at a conversion ratio of 1:1. The issuance carries no redemption feature; the warrants are subject to conversion into equity or lapse as per the issue terms.
The acquisition details reveal changes in the ownership structure and capital base of Callista Industries Ltd. Mr. Poddar's existing holding prior to the transaction stood at 5,00,000 shares carrying voting rights, representing 6.62% of the total share/voting capital and 1.67% of the diluted share/voting capital of the company.
The acquisition details provide a detailed look at the pre and post-acquisition standings across various metrics:
| Metric | Before Acquisition (Holding) | After Acquisition (Post-Allotment Figures) |
|---|---|---|
| Shares carrying voting rights | 5,00,000 | N/A |
| Total shares (including warrants and convertible instruments) | 5,00,000 | 9,00,000 |
| Equity share capital (Total Voting Capital of TC Before Acquisition) | Rs. 6.95 lakh | - |
| Equity share capital (Total Voting Capital of TC After Acquisition) | N/A | Rs. 7,54.65 lakh |
| Total Diluted Share/Voting Capital of the TC After Acquisition | N/A | Rs. 29.94 lakh |
The acquisition process included a preferential allotment of these convertible warrants. The conversion ratio is set at 1:1, and the conversion price stands at Rs 10 per share. This transaction was recorded on July 3, 2026, corresponding to the receipt of intimation of warrant allotment.
Stock Price Movement
As of 10:17, Callista Industries Ltd. is edging higher by 0.36%, with shares trading at ₹196.65.The stock is currently locked into the intraday range, having established a complete flat trade between its high and low points at ₹196.65.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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