Retaggio Industries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 · 12:00 am
Retaggio Trading Services LLP, a promoter group entity, was allotted 4,62,000 equity shares of Retaggio Industries Ltd. This allotment occurred upon the conversion of convertible warrants, priced at Rs. 10 face value with a Rs. 16 premium per warrant. Following this, the promoter group's direct voting rights increased to 30.22% from 28.47%. The company's equity share capital expanded from Rs. 18.44 Cr to Rs. 18.90 Cr. This move signifies the promoter group's conversion of existing convertible instruments into direct equity.
No comments yet. Be the first to comment!
