Retaggio Industries Ltd

💰 Retaggio Industries Allots 16.95L Convertible Warrants – Key Details Inside

- Allotted 16,95,846 convertible equity warrants at ₹26 per warrant (total ₹4.40Cr).

- Received 25% upfront payment (₹1.10Cr), remaining 75% due upon conversion.

- Warrants convertible into equity shares within 18 months.

- New shares will have equal rights (dividends/voting) as existing shares.

- Preferential allotment to promoter entity Retaggio Trading Services LLP.

- Promoter stake shifts from 33.73% to 31.70% (fully diluted basis).

- Board approved the move in a 20-minute meeting on Jan 17, 2026.