Approval Details
BSE Limited granted in-principle listing approval vide letter dated September 02, 2026 with reference number LOD/PREF/DA/FIP/741/2026-27. The approval covers 1,50,000 (One Lakh Fifty Thousand) equity shares of face value of ₹10 each allotted to promoter pursuant to conversion of warrants issued on preferential basis.
Share Details
- Quantity: 1,50,000 equity shares
- Face Value: ₹10 per share
- Issue Premium: ₹330 per share
- Total Issue Value: ₹340 per share (₹10 face value + ₹330 premium)
- Distinctive Numbers: 5535996 to 5685995
- Allottee: Promoter
Regulatory Compliance Requirements
The company must ensure compliance with:
- Regulation 167 of SEBI (ICDR) Regulations
- SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023
- File shareholding pattern in XBRL mode if change exceeds 2% of total paid-up share capital under Regulation 31(1)(c) of SEBI LODR Regulations, 2015
Trading Approval Conditions
Trading approval will be granted only after 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)
Timeline Requirement
The company must apply for trading approval within seven working days from the date of grant of listing approval as per SEBI circular dated June 21, 2023. Non-compliance will attract fines as specified in the circular.