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Established in 1988, Celebrity Fashions Ltd manufactures and exports all types of textile garments and clothing accessories to many multinational brands.
Celebrity Fashions secured NSE & BSE approval to list 4,869,933 new equity shares of ₹10 each, issued on a preferential basis. This move enhances share liquidity.
Celebrity Fashions allotted 48.7 lakh equity shares via preferential issue, raising Rs 5.02 Cr. Simultaneously, it approved redemption of 50.2 lakh preference shares worth Rs 5.02 Cr. This capital restructuring effectively swaps preference capital for equity, increasing paid-up equity.
Celebrity Fashions got approval to issue 48.70 lakh new shares at ₹10.31 each, raising ~₹5.02 Cr via a preferential allotment. This move will boost capital, impacting existing equity.
Celebrity Fashions corrected a typo in promoter pre-issue shareholding from 35.42% to 33.42%. Crucially, this does not change the already shareholder-approved preferential issue's allottees or terms. Post-issue, promoter holding will be 33.15%, reflecting an equity expansion.
Celebrity Fashions will close its share transfer books for its 36th Annual General Meeting. This action impacts share transfers and determines shareholder eligibility for AGM participation.