ALPHA TRIBE

Retaggio Industries LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Urja Ships Private Limited has been allotted 1.60 Cr equity shares of Retaggio Industries Limited following the conversion of convertible warrants. This preferential allotment was made at a face value of Rs. 10 per share with a Rs. 16 premium. This transaction increases Urja Ships' direct voting stake in Retaggio Industries to 1.60 Cr shares, representing 9.32%. Prior to this, Urja Ships held warrants for 5.004 Cr shares (14.43% diluted). Post-conversion, Urja Ships' total diluted holding remains significant at 14.42%, and Retaggio Industries' equity share capital has increased from 155.66 Cr to 171.66 Cr.

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