Retaggio Industries Ltd

Retaggio Industries Allots ₹6.6 Cr in Convertible Warrants to Promoter Entity 📈

- Allotted 25,38,462 Convertible Equity Warrants at ₹26 per warrant (total ₹6.6 Cr).

- Received 25% upfront (₹6.50 per warrant, totaling ₹1.65 Cr).

- Warrants convertible into equity shares within 18 months; remaining 75% due upon conversion.

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

- Preferential allotment to promoter entity Retaggio Trading Services LLP (shareholding shifts from 33.73% to 31.70% post-conversion).

- BSE granted in-principle approval on January 08, 2026.

- Board approved the allotment on January 16, 2026.