Nature of the Event
Emkay Global Financial Services Limited has received listing approval from BSE Limited for 100,000 equity shares issued pursuant to the conversion of warrants allotted on a preferential basis to promoter Prakash Kacholia.
Key Quantitative Figures
- Number of shares: 1,00,000 equity shares
- Face value: ₹10 per share
- Issue premium: ₹229.50 per share
- Total issue value: ₹2,39,50,000 (1,00,000 shares × ₹239.50 per share)
- Distinctive numbers: 27230132 to 27330131
Dates of Action
- BSE approval letter date: July 31, 2026
- Company intimation date: July 31, 2026
Parties Involved
- Issuing Company: Emkay Global Financial Services Limited
- Regulatory Authority: BSE Limited
- Allottee: Mr. Prakash Kacholia (Promoter of the Company)
- Company Representatives: Nishant Shridhar Shirke (Company Secretary and Compliance Officer)
- BSE Representatives: Janardhan Wagle (Deputy Vice President), Teias Tandel (Deputy Manager)
Compliance Requirements
- The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations
- Must file shareholding pattern in XBRL mode for changes exceeding 2% of total paid-up share capital
- Trading approval requires submission of:
- Listing approval from National Stock Exchange of India Ltd. (if applicable)
- Confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts
- Confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
- Application for trading approval must be made within seven working days from grant of listing approval
Additional Information
- Company CIN: L67120MH1995PLC084899
- The approval letter from BSE was enclosed with the disclosure