Chatha Foods gets BSE trading approval for 16,000 converted shares

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Chatha Foods Ltd received BSE trading approval for 16,000 equity shares
  • Shares allotted via conversion of warrants held by Promoter Group
  • Issue price was ₹127 per share (₹10 face value plus ₹117 premium)
  • All 1,19,000 warrants issued in FY25 have been fully converted
  • Trading effective date is October 12, 2026
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Chatha Foods Ltd has received trading approval from the Bombay Stock Exchange (BSE) for 16,000 equity shares of face value ₹10 each. These shares were allotted pursuant to the conversion of warrants issued to the Promoter Group. The trading approval is effective from October 12, 2026.

The company informed the exchange that the entire batch of 1,19,000 warrants issued and allotted to the Promoter and Promoter Group on a preferential basis has been fully converted into equity shares. These warrants were originally issued on December 14, 2024, and February 14, 2025.

Details of the allotment

The newly listed securities were issued at a premium of ₹117 per share. The distinctive numbers for these shares range from 24184880 to 24200879. This allotment follows the conversion of 16,000 specific warrants held by the Promoter Group.

Particulars Details
Number of Shares 16,000
Face Value ₹10
Issue Price ₹127 (₹10 face value + ₹117 premium)
Allotment Basis Preferential warrant conversion
Holder Promoter Group
Trading Effective Date October 12, 2026

Regulatory compliance

The intimation was filed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company Secretary and Compliance Officer, Priyanka Oberoi, signed the disclosure letter dated October 12, 2026. The BSE acknowledged the application and advised that the securities are listed on the exchange effective Monday, October 12, 2026.

What the Numbers Show

The completion of the conversion of all 1,19,000 warrants indicates that the preferential allotment process initiated in late 2024 and early 2025 is now fully executed. With the final tranche of 16,000 shares now listed, there are no outstanding warrants from this specific preferential issue remaining for conversion.

Historical Stock Returns for Chatha Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-11.65%-16.32%+11.42%-1.90%+17.74%

How will the dilution from the full conversion of 1.19 lakh warrants impact Chatha Foods' earnings per share in the upcoming fiscal quarters?

What specific capital expenditure or expansion projects were funded by the ₹151 lakh raised through the preferential warrant issue?

Does the completion of this preferential allotment signal a shift in the Promoter Group's long-term holding strategy or potential future stake adjustments?

Chatha Foods submits revised EGM voting results for Sept 29 meeting

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Revised voting results filed for EGM held on September 29, 2026
  • All four ordinary resolutions passed with 100% votes in favour
  • Promoters abstained from voting on related party transaction resolution
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Chatha Foods Limited submitted revised voting results for its Extraordinary General Meeting (EGM) held on September 29, 2026. The filing, dated October 12, 2026, supersedes the earlier submission made on September 30, 2026, pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that all four resolutions considered during the meeting were passed. The voting data indicates that 100% of the votes polled on each resolution were cast in favour, with zero votes against. The total number of shares held by shareholders on the record date was 24,184,879.

Voting participation details

The EGM saw participation primarily through video conferencing. No shareholders attended in person or through proxy. The breakdown of attendees via video conferencing is as follows:

Category Attendees (Video Conferencing)
Promoters and Promoter Group 6
Public 5

Resolution outcomes

All resolutions were classified as Ordinary. The specific descriptions and voting outcomes are detailed below:

Resolution Description Votes Polled In Favour Against
1 Adoption of Audited Standalone and Consolidated Financial Statements for FY26 7,392,101 7,392,101 0
2 Re-appointment of Director Mr. Gurcharan Singh Gosal 7,392,101 7,392,101 0
3 Regularization of Ms. Divya Babel as Additional Independent Director 7,392,101 7,392,101 0
4 Approval of material related party transactions with Allana CF Foods Private Limited 1,563,323 1,563,323 0

What the numbers show

A distinct divergence in voting participation appears between the first three resolutions and the fourth. For Resolutions 1, 2, and 3, both Promoter and Public categories participated, resulting in 7,392,101 votes polled. However, for Resolution 4 regarding material related party transactions, the Promoter and Promoter Group abstained from voting entirely. Consequently, the total votes polled dropped to 1,563,323, representing only the Public Non-Institutional category. This abstention aligns with Regulation 23(4) of the SEBI LODR Regulations, which mandates that interested parties do not vote on related party transaction approvals.

Historical Stock Returns for Chatha Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-11.65%-16.32%+11.42%-1.90%+17.74%

What specific operational synergies or risks does the material related party transaction with Allana CF Foods Private Limited introduce for Chatha Foods' FY27 outlook?

How will the regularization of Ms. Divya Babel as an Independent Director influence Chatha Foods' corporate governance ratings and future compliance strategies?

Given the extremely low public shareholder participation (5 attendees), what measures is the company planning to implement to enhance minority shareholder engagement in future meetings?

More News on Chatha Foods

1 Year Returns:-1.90%