Key Quantitative Details
- Number of shares approved: 1,72,50,000 (17.25 million) equity shares
- Face value: ₹10 per share
- Total nominal value: ₹17.25 crore
- Distinctive number range: 13650001 to 30900000
- Allottee categories: Promoters and non-promoters
Dates and Timeline
- BSE approval date: October 14, 2026
- BSE reference number: LOD/PREF/AA/FIP/943/2026-27
- Company must apply for trading approval within seven working days from listing approval date
Parties Involved
- Issuing Company: Longspur International Ventures Limited (Scrip Code: 504340)
- Approving Exchange: BSE Limited
- Other relevant entities: National Stock Exchange of India Ltd. (conditional), NSDL, CDSL
- Company representatives: Ms. Shweta Sharma, Company Secretary and Compliance Officer
- BSE representatives: Nitinkunk3r Pujari (Assistant Vice President), Akshata Mhatre (Deputy Manager)
Capital Structure Impact
- Preferential allotment of 17.25 million shares completed
- Shares allotted to both promoter and non-promoter categories
- Listing approval granted by BSE for these shares
- Trading approval pending fulfillment of additional conditions
Conditions for Trading Approval
The company must file the following with the exchange to obtain trading approval:
1. Listing approval from National Stock Exchange of India Ltd. (if applicable)
2. Confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts
3. Confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
Ongoing Compliance Requirements
- Must file shareholding pattern in XBRL mode for changes exceeding 2% of total paid-up share capital
- Must apply for trading approval within seven working days from listing approval date
- Non-compliance with trading approval timeline will attract fines as per SEBI circular