Receives listing approval from BSE for 4,24,647 preferential-issue equity shares

TANFAC Industries has received listing approval from BSE for 4,24,647 equity shares of face value ₹5/- each, issued at ₹2,341/- per equity share (premium of Rs. 2336/- per share) to promoter and non-promoter investors on a preferential.

Tue 6 Oct 2026

Shares listed (preferential issue)

4,24,647 equity shares

Issue price / face value

Face value ₹5/- each, issued at ₹2,341/- per equity share (premium of Rs. 2336/- per share)

Distinctive numbers

21208919 to 21633565

Listing approval received

TANFAC Industries has intimated that it has received listing approval from BSE Limited for 4,24,647 equity shares of face value ₹5/- each, issued at a price of ₹2,341/- per equity share to promoter and non-promoter investors on a preferential basis.

Key issue details

• Number of shares: 4,24,647 equity shares
• Face value: ₹5/- per equity share
• Issue price: ₹2,341/- per equity share
• Premium over face value: Rs. 2336/- per equity share
• Distinctive numbers of the shares: 21208919 to 21633565
• Allottees: promoter and non-promoter investors, on a preferential basis

What listing approval means

This is the exchange's clearance for the newly issued shares to be listed. The BSE letter states that trading approval for these shares will be granted only after the company files with the Exchange:

• the listing approval from the National Stock Exchange of India Ltd. (if applicable)
• confirmation letters from NSDL/CDSL about crediting the shares to the respective beneficiary accounts and admitting the capital to the depository system
• confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)

What a preferential issue is

A preferential issue is an allotment of shares to selected investors instead of to the public. Here the shares went to promoter and non-promoter investors. Since the issue price of ₹2,341/- is far above the ₹5/- face value, most of the amount paid by the allottees is share premium.

Other points noted in the BSE letter

• If there is a change exceeding two per cent of the total paid-up share capital of the company, the company must file the shareholding pattern in XBRL mode.
• An application for trading approval is to be made to the stock exchange within seven working days from the date of grant of listing approval.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.