Callista Industries promoter acquires warrants
Jayantilal Keshavbhai Parmar, a promoter group member, acquired 15,25,000 convertible warrants in Callista Industries Ltd on July 2, 2026, increasing his diluted stake to 5.09%. The warrants, allotted preferentially at ₹10 each, are convertible into equity shares within 18 months at a 1:1 ratio.

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Jayantilal Keshavbhai Parmar, a member of the promoter group at Callista Industries Ltd , acquired 15,25,000 convertible warrants through a preferential allotment on July 2, 2026. The acquisition increases the acquirer's holding in the company's convertible instruments, representing a 5.09% stake in the total diluted share capital. The intimation regarding the acquisition was received by the company on July 6, 2026.
The disclosure was submitted to BSE Limited under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the warrants carry a face value of ₹10 each and are convertible within 18 months from the date of allotment at a conversion ratio of 1:1. There is no redemption feature; the warrants must be converted into equity shares or will lapse as per the terms of the issue.
Details of Acquisition
| Category | Number | % of Diluted Capital | Date of Acquisition | Mode of Acquisition |
|---|---|---|---|---|
| Securities held prior | - | - | - | - |
| Securities acquired | 15,25,000 | 5.09% | July 2, 2026 | Preferential Allotment |
| Total holding post-acquisition | 15,25,000 | 5.09% | - | - |
The equity share capital of Callista Industries Ltd before the acquisition was ₹6,75,90,880, which increased to ₹6,95,90,880 post-acquisition. The total diluted share capital after the acquisition stands at ₹29,94,65,880. The disclosure was signed and submitted by Jayantilal Keshavbhai Parmar from Mumbai.
Historical Stock Returns for CHPL Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.74% | -9.57% | -11.37% | +35.34% | +1,157.44% | +1,157.44% |
How will the promoter group utilize the funds raised from this preferential allotment?
What is the expected impact on Callista Industries' stock price once the warrants are converted into equity shares?
Will this acquisition trigger any further changes in the company's shareholding structure or governance?


































