Retaggio Industries Ltd — Important, 15-01-2026: Company Update
15-01-2026 | 11:18 am
15-01-2026 | 11:18 am
Retaggio Industries' Board has approved the preferential allotment of 28.8 lakh convertible equity warrants to its promoter group, M/s. Retaggio Hospitality LLP. Priced at Rs. 26 per warrant, the total issue amounts to Rs. 7.488 crore. The company has already received 25% of the issue price, or Rs. 1.872 crore. Each warrant can be converted into one equity share within 18 months by paying the remaining amount. This move is set to potentially increase the promoter group's shareholding to 8.31% on a fully diluted basis, strengthening their stake.
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