Retaggio Industries Ltd

Retaggio Industries Allots ₹7.48 Cr in Convertible Warrants to Promoter Entity 💼

- Allotted 28,80,000 convertible equity warrants at ₹26 per warrant (total ₹7.48 Cr)

- Received 25% upfront payment (₹6.50 per warrant, totaling ₹1.87 Cr)

- Warrants convertible to equity shares within 18 months, with remaining 75% due upon conversion

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

- Preferential allotment to promoter group entity Retaggio Hospitality LLP (8.31% stake post-conversion)

- BSE granted in-principle approval on January 8, 2026

- Board approved the allotment on January 15, 2026