ALPHA TRIBE

Retaggio Industries LtdImportant, 16-01-2026: Company Update

16-01-2026 | 10:44 am

Retaggio Industries' board has approved the allotment of 25,38,462 convertible equity warrants at Rs. 26 each on a preferential basis. This translates to an aggregate value of 6.60 Cr, with the company already receiving 1.65 Cr (25% of the issue price). These warrants are convertible into equity shares within an 18-month period by making the remaining payment. A single investor, M/s. Retaggio Trading Services LLP (a Promoter entity), subscribed to these warrants. This move injects capital into the company and demonstrates promoter confidence in its future.

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