BSE trading approval received for 4,24,647 equity shares issued on preferential basis

TANFAC Industries has received trading approval from BSE for 4,24,647 equity shares issued on a preferential basis.

Sat 10 Oct 2026

Equity Shares Issued

4,24,647 equity shares issued on a preferential basis

Issue Price & Face Value

Face value: ₹5/- each | Issue price: ₹2,341/- per share | Premium: Rs. 2336/-

Listing Effective Date

listed on the Exchange with effect from Monday, October 12, 2026

Trading approval received

• TANFAC Industries has received trading approval from BSE Limited for 4,24,647 equity shares issued on a preferential basis.
• The company informed the exchange that the approval letter carries reference LOD / PREF / DD/ 107/ 2026-2027 and is dated October 09, 2026.

Issue details

• Number of equity shares: 4,24,647 (Four Lakh Twenty-Four Thousand Six Hundred and Forty-Seven)
• Face value: ₹5/- per equity share
• Issue price: ₹2,341/- per equity share
• Premium: Rs. 2336/- per equity share
• Distinctive numbers: 21208919 to 21633565
• Allotted to: Promoter and Non-Promoter investors

When these shares start trading

BSE's letter states that, effective from Monday, October 12, 2026, the above-mentioned securities are listed on the Exchange.

What a preferential issue is

A preferential issue is when a company issues fresh shares to a selected set of investors, here a mix of promoter and non-promoter investors, instead of offering them to the public at large.

Trading approval is one of the steps in that process. Until such approval comes, the newly issued shares exist but are not available for trading on the exchange. With this approval, the shares become eligible for trading from the stated date.

What investors may note

• The new shares add to the company's equity share capital. When more shares are issued, an existing shareholder's stake works out to a smaller percentage of the company, unless that shareholder also participated in the issue.
• The shares were issued at ₹2,341/- each, which includes a premium of Rs. 2336/- over the ₹5/- face value.
• The allotment went to both promoter and non-promoter investors.

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