Retaggio Industries Ltd

💰 Retaggio Industries Approves ₹7.48 Cr Warrant Issue – Key Details Inside

- Approved allotment of 28,80,000 convertible equity warrants at ₹26 per warrant (total ₹7,48,80,000)

- Received 25% upfront payment (₹6.50 per warrant, totaling ₹1,87,20,000)

- Warrants convertible into equity shares within 18 months (remaining 75% payable upon conversion)

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

- Allotted to promoter entity Retaggio Ventures LLP (8.31% stake post-conversion)

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

- Board approved the move in January 14, 2026 meeting (15-minute duration)