Callista Industries promoter acquires warrants

1 min read     Updated on 06 Jul 2026, 08:50 PM
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AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

STG Wealth acquires 8.63% stake in Callista Industries

1 min read     Updated on 30 Jun 2026, 11:30 AM
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AI Summary

STG Wealth Serve Private Limited acquired 5,00,000 equity shares in Callista Industries Ltd via preferential allotment on June 24, 2026. The transaction represents an 8.63% stake in the total share capital and 1.67% of the diluted capital. The company's total voting capital increased from Rs. 4,69,65,880 to Rs. 5,79,65,880 following the allotment.

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STG Wealth Serve Private Limited has acquired a significant stake in Callista Industries Ltd through a preferential allotment of equity shares. The acquirer obtained 5,00,000 shares on June 24, 2026, representing an 8.63% holding in the company's total share capital and 1.67% of the total diluted share capital. The shares carry a face value of Rs. 10 each and were allotted on a fully paid-up basis.

The disclosure was submitted to BSE Limited by Neeraj Kumar Chopra, Director of STG Wealth Serve Private Limited, under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirmed that the acquirer does not belong to the promoter or promoter group of the target company.

Acquisition Details

The transaction details outline the changes in shareholding and capital structure following the allotment. The equity shares were acquired solely through preferential allotment, with no other instruments such as warrants or convertible securities involved in this specific transaction.

Parameter Details
Target Company Callista Industries Ltd
Acquirer STG Wealth Serve Private Limited
Mode of Acquisition Preferential Allotment
Date of Allotment June 24, 2026
Shares Acquired 5,00,000
Face Value Rs. 10 each
Stake Acquired (% of total capital) 8.63%
Stake Acquired (% of diluted capital) 1.67%

Capital Structure Impact

The allotment resulted in a revision of Callista Industries Ltd's equity share capital. Prior to the acquisition, the total voting capital stood at Rs. 4,69,65,880. Post-allotment, this figure increased to Rs. 5,79,65,880. The total diluted share capital of the company after the acquisition is reported at Rs. 29,94,65,880.

The filing confirms that STG Wealth Serve Private Limited held no shares in Callista Industries Ltd prior to this transaction. The acquisition was executed entirely on a fully paid-up basis, and since the securities allotted were equity shares, no conversion, redemption, or exercise terms were applicable.

Historical Stock Returns for CHPL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.74%-9.57%-11.37%+35.34%+1,157.44%+1,157.44%

What strategic objectives does STG Wealth Serve aim to achieve with this 8.63% stake in Callista Industries?

How will Callista Industries utilize the capital raised through this preferential allotment to fund future growth?

Is there a possibility of STG Wealth Serve increasing its shareholding beyond the current 8.63% in the near term?

More News on CHPL Industries

1 Year Returns:+1,157.44%