Callista Industries Ltd (539335)

Promoter group member Ravi Jabbar Sharma acquired 1,80,000 equity shares in Callista Industries Ltd via warrant conversion on October 26, 2026. The transaction value is reported at Rs 13,50,000 (representing 75% of the issue price). Following this conversion, his equity shareholding increased from 4,00,000 shares (3.69%) to 5,80,000 shares (4.97%). He continues to hold 10,20,000 convertible warrants remaining out of his prior 12,00,000 warrant balance.

• 1,80,000 convertible warrants exercised into equity shares by promoter group member Ravi Jabbar Sharma
• Post-transaction equity holding increased from 4,00,000 shares (3.69%) to 5,80,000 shares (4.97%)
• Transaction value disclosed at Rs 13,50,000, representing the 75% balance of issue price upon conversion
• Remaining convertible warrants held by the promoter group member stand at 10,20,000
• Conversion and allotment occurred on October 26, 2026, with disclosure filed on October 28, 2026

Callista Industries Limited has approved the allotment of 8,30,000 equity shares of face value ₹10 each pursuant to the conversion of warrants on a preferential basis. The allotment includes 6,50,000 shares to non-promoter entity Koriander Consultants LLP and 1,80,000 shares to promoter group entity Ravi Jabbar Sharma. The company received balance payment of ₹7.50 per share (75% of consideration), totaling ₹62.25 lakh, following an initial 25% paid at subscription. Consequent to this sixth tranche allotment, the paid-up equity share capital increased to ₹11.68 crore divided into 1,16,80,000 equity shares.

• Allotment of 8,30,000 equity shares of face value ₹10 each on a 1:1 warrant conversion ratio
• Received balance 75% consideration amounting to ₹62,25,000 (₹7.50 per share)
• Non-promoter Koriander Consultants LLP allotted 6,50,000 shares, taking stake to 21.86% (from 17.54%)
• Promoter group member Ravi Jabbar Sharma allotted 1,80,000 shares, taking stake to 4.97% (from 3.68%)
• Total paid-up share capital increased to ₹11,68,00,000 comprising 1,16,80,000 equity shares

Koriander Consultants LLP has converted warrants into 4,50,000 equity shares of Callista Industries Ltd of face value Rs 10 each on October 24, 2026. Following this allotment, the non-promoter entity's voting rights increased from 13.98% (14,53,412 shares) to 17.54% (19,03,412 shares). The total paid-up equity share capital of Callista Industries expanded from Rs 10.40 crore to Rs 10.85 crore. The acquirer still holds 45,96,588 warrants, representing 15.96% on a diluted basis.

• Conversion of warrants into 4,50,000 equity shares of face value Rs 10 each on October 24, 2026
• Voting shareholding increased from 13.98% to 17.54% (holding 19,03,412 shares)
• Paid-up equity voting capital expanded from Rs 10.40 crore to Rs 10.85 crore
• Total diluted share capital post-conversion stands at Rs 28.80 crore (with 45,96,588 warrants remaining)

Callista Industries has allotted a fifth tranche of 4,50,000 equity shares of face value Rs. 10 each following the conversion of convertible warrants on a preferential basis. The allotment was made to non-promoter entity Koriander Consultants LLP upon receipt of the remaining 75% consideration amounting to Rs. 33.75 lakh (Rs. 7.50 per share). Post-allotment, Koriander Consultants LLP's shareholding increased from 13.98% to 17.54%. Consequently, the company's paid-up equity share capital expanded to Rs. 10.85 crore across 1,08,50,000 equity shares.

• Allotment of 4,50,000 equity shares of face value Rs. 10 each on warrant conversion
• Balance 75% consideration received: Rs. 33,75,000 at Rs. 7.50 per share
• Allottee Koriander Consultants LLP stake increased from 13.98% to 17.54%
• Paid-up equity capital expanded to Rs. 10,85,00,000 divided into 1,08,50,000 shares

Promoter Ravi Jabbar Sharma acquired 4,00,000 equity shares of Callista Industries Ltd on October 21, 2026, through the conversion of convertible warrants. Following this conversion, his direct shareholding increased from nil to 4,00,000 shares, representing 3.84% of the post-acquisition voting capital (or 1.39% of diluted capital). The company's equity capital expanded from Rs 10.00 crore to Rs 10.40 crore, while Sharma still retains 12,00,000 convertible warrants.

• 4,00,000 equity shares allotted upon conversion of warrants on October 21, 2026
• Acquirer's equity holding increases to 3.84% of voting capital (1.39% diluted)
• Voting equity capital increased from Rs 10,00,00,000 to Rs 10,40,00,000
• Acquirer continues to hold 12,00,000 convertible warrants post-allotment

Callista Industries Limited received a SEBI PIT insider trading disclosure from promoter group member Ravi Jabbar Sharma regarding the allotment of 4,00,000 equity shares upon conversion of warrants. The acquisition was executed on October 21, 2026, for a transaction value of ₹30,00,000 (representing 75% of the issue price). Prior to this, the holder held 16,00,000 convertible warrants, and post-transaction retains 4,00,000 equity shares (3.84% stake) and 12,00,000 warrants. The company currently operates with zero revenue and negative net worth.

• 4,00,000 equity shares allotted upon conversion of convertible warrants
• Transaction value of ₹30,00,000 paid as 75% of issue price
• Post-conversion holding stands at 4,00,000 equity shares (3.84%) and 12,00,000 warrants
• Allotment date was October 21, 2026, intimated on October 22, 2026

Callista Industries has allotted the fourth tranche of 4,00,000 equity shares of face value ₹10 each to promoter group member Ravi Jabbar Sharma upon conversion of warrants. The company received the remaining 75% consideration of ₹30,00,000 (at ₹7.50 per share), following an initial 25% payment at subscription. Post-allotment, the company's paid-up share capital has increased to ₹10.40 crore across 1.04 crore shares, with Ravi Jabbar Sharma now holding a 3.84% stake. This capital infusion arrives at a time when the company reported zero TTM revenue and a negative net worth of -₹1 crore.

• Allotment of 4,00,000 equity shares of face value ₹10 each pursuant to warrant conversion.
• Balance 75% consideration received amounting to ₹30,00,000 (₹7.50 per share).
• Allottee Ravi Jabbar Sharma (Promoter Group) holds 3.84% post-allotment.
• Paid-up equity share capital increased to ₹10,40,00,000 divided into 1,04,00,000 shares.
• Warrants were originally allotted on 30th June 2026 on a preferential basis.

Callista Industries has allotted 4,53,412 equity shares of face value ₹10 each following the conversion of warrants on a preferential basis. The allotment was made to non-promoter entity Koriander Consultants LLP upon receipt of the 75% balance consideration of ₹34,00,590 (at ₹7.50 per share). Post-allotment, the company's total paid-up share capital increases to ₹10,00,00,000 (1 crore equity shares). Koriander Consultants LLP's stake in the company has risen from 10.47% to 14.53%.

• Allotted 4,53,412 equity shares of ₹10 each pursuant to warrant conversion
• Received balance 75% consideration amounting to ₹34,00,590 at ₹7.50 per share
• Koriander Consultants LLP stake increased from 10.47% to 14.53%
• Paid-up equity share capital expanded to ₹10,00,00,000 divided into 1,00,00,000 equity shares

Promoter Jignesh B Rajpara has gifted 2,88,261 equity shares of Callista Industries, reducing his individual stake from 4.06% to 1.05%. The transaction was executed off-market on August 10, 2026. This occurs against a backdrop of zero TTM revenue and a negative net worth of Rs 1 Cr. Overall promoter holding in the company has seen a sharp decline from 47.56% in March 2026 to 21.5% as of June 2026.

• Promoter Jignesh B Rajpara gifted 2,88,261 shares, representing a 3.01% stake in the company
• Individual holding reduced from 3,88,261 shares (4.06%) to 1,00,000 shares (1.05%)
• Transaction was conducted off-market on August 10, 2026
• Company reports zero TTM revenue and a negative net worth of Rs 1 Cr
• Total promoter group holding has dropped significantly from 47.56% to 21.5% in the last quarter

Callista Industries has dispatched letters to shareholders who have not registered their email addresses, providing a web link to the FY 2025-26 Annual Report. This filing includes the notice for the company's 37th Annual General Meeting (AGM). The company's financial position remains critical with Rs 0 Cr revenue in FY26 and a negative net worth of Rs -1 Cr. Additionally, promoter holding has significantly dropped from 47.56% in March 2026 to 21.5% in June 2026.

• Dispatch of web link for the FY 2025-26 Annual Report to unregistered email holders
• Notice for the 37th Annual General Meeting (AGM) made available on the company website
• Company reported Rs 0 Cr revenue and Rs 0 Cr PAT for FY26
• Promoter holding decreased by 26.06% between March 2026 and June 2026
• Net worth stands at Rs -1 Cr with a debt of Rs 3 Cr as per latest context

Callista Industries has announced the closure of its Register of Members and Share Transfer Register from August 27, 2026, to September 3, 2026, for its 37th Annual General Meeting (AGM). This is a standard procedural requirement for listed companies to finalize shareholder records for the meeting. The company is currently in a weak financial position with zero TTM revenue and a negative net worth of Rs -1 Cr. Additionally, promoter holding has seen a sharp decline from 47.56% to 21.5% as of June 2026.

• Book closure period set from August 27, 2026, to September 3, 2026 (both days inclusive).
• The closure is for the purpose of conducting the 37th Annual General Meeting.
• Company reports zero TTM revenue and a negative net worth of Rs -1 Cr.
• Promoter holding dropped significantly to 21.5% in the June 2026 quarter from 47.56% in March 2026.

Callista Industries has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company currently reports zero TTM revenue and a negative net worth of ₹1 Cr, making the upcoming results critical for assessing operational viability. Investors should also note a significant reduction in promoter holding from 47.56% in March 2026 to 21.5% in June 2026. The trading window for insiders remains closed until August 15, 2026.

• Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
• Trading window closed from July 1, 2026, until August 15, 2026
• Company reports ₹0 Cr TTM revenue and ₹0 Cr TTM PAT as per latest context
• Promoter holding has dropped significantly to 21.5% as of June 2026
• Net worth stands at ₹-1 Cr with a debt of ₹3 Cr

Manisha Vikaskumar Saraf, a non-promoter investor, was allotted 1,000,000 equity shares of Callista Industries Ltd on August 6, 2026, following the conversion of warrants. This transaction increases her stake from 10.47% to 20.95% of the current equity capital. The company currently operates with zero revenue and a negative net worth of Rs -1 Cr, making this capital infusion notable despite the company's stagnant operational performance. The total diluted share capital of the company is now valued at Rs 29.95 crore.

• 1,000,000 equity shares allotted on August 6, 2026, through preferential warrant conversion.
• Acquirer's holding increased from 10.47% to 20.95% of the current paid-up capital.
• Total diluted share capital post-acquisition stands at Rs 29,94,65,880.
• The acquirer still holds 1,000,000 warrants (3.33% of diluted capital) pending future conversion.
• Company reported Rs 0 Cr revenue and a net loss of Rs 0.63 Cr in FY25.