BSE listing approval received for 1,17,44,722 equity shares issued on preferential basis
BSE listing approval received for 1,17,44,722 equity shares of Rs. 2/- each, distinctive numbers 40214501 to 51959222.
- Shares approved for listing
- 1,17,44,722 equity shares
- Face value per share
- Rs. 2/- each
- Distinctive numbers
- 40214501 to 51959222
Listing approval received
The company has informed the exchanges that BSE Limited has granted listing approval for 1,17,44,722 equity shares of face value Rs. 2/- each. The approval was received through BSE letter ref no. LOD/PREF/KS/FIP/896/2026-27 dated October 07, 2026.
About the shares
- The shares bear distinctive numbers from 40214501 to 51959222.
- They were issued to non-promoters on a preferential basis.
- The issue was made pursuant to the conversion of a loan.
What comes next
- Trading approval for these shares will take effect only after the necessary corporate actions and depository formalities with NSDL/CDSL are completed.
- Listing approval is one step in the process; the shares become available for trading after these formalities are done.
How to read this
- A preferential issue to non-promoters means the shares were allotted to persons outside the promoter group.
- The shares arose from conversion of a loan, so the loan amount stood converted into equity shares of the company.
- The number of the company's listed equity shares goes up by this count, which is 1,17,44,722 shares.
In short, this is an update on the process: the shares issued earlier are now approved for listing, and trading in them depends on the pending depository and corporate actions.
More numbers
- Equity shares approved for listing1,17,44,722 Equity shares
- Face value per equity shareRs. 2/-
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