Kizi Apparels Limited's Board of Directors convened on 30th April, 2026, at the company's registered office in Jaipur to consider and approve the receipt of the 6th tranche of consideration for the allotment of convertible warrants. The meeting, which commenced at 2:30 PM and concluded at 3:00 PM, was held pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Warrant Issuance Details

The convertible warrants were issued at a price of Rs 15.50 per warrant, comprising a face value of Rs 10.00 and a premium of Rs 5.50 each. The warrants were allotted on a preferential basis to persons/entities belonging to the Promoter/Promoter Group and public category, in accordance with Chapter V of the SEBI (ICDR) Regulations, 2018.

6th Tranche Consideration Received

The company has received consideration towards the 6th tranche of convertible warrants amounting to Rs 14,95,000 from the allottees. The breakdown of the consideration received is as follows:

Meeting Particulars

The board meeting was held at the registered office situated at H-629 Phase - II RIICO IND Area Sitapura, Jaipur - 302022, Rajasthan. The approval was communicated to the Bombay Stock Exchange Limited with reference to the earlier board meeting held on 24th March, 2026. The company's scrip is identified with code 544221 and ISIN INE0RMR01013.

Kizi Apparels Limited has received the third tranche of consideration amounting to Rs 18,43,650 for the allotment of convertible warrants issued on a preferential basis. The Board of Directors approved the receipt of this consideration during a meeting held on 23rd April, 2026, at the company's registered office in Jaipur, Rajasthan.

The convertible warrants were issued at a price of Rs 15.50 each, which includes a face value of Rs 10.00 and a premium of Rs 5.50 per warrant. The allotment was made to persons and entities belonging to the promoter/promoter group and public category in accordance with Chapter V of the SEBI (ICDR) Regulations, 2018.

Breakdown of Consideration Received

The total consideration of Rs 18,43,650 was received from three allottees as follows:

The Board meeting, which commenced at 12:05 P.M. and concluded at 12:15 P.M., was held pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested the Bombay Stock Exchange to take this information on record.