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Retaggio Industries LtdInsider 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.

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