StockWatch
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Trading & Distributors
Regulatory29 Jun 2026, 06:00 pm

Balgopal Commercial Ltd Receives BSE Listing Approval for Preferential Issue

AI Summary

Balgopal Commercial Ltd has received listing approval from BSE Limited for 23,38,000 equity shares issued on a preferential basis to its Promoter/Promoter Group. These shares, with a face value of Rs. 10 each, were issued at a premium of Rs. 50 each. The approval is pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will comply with further requirements, including obtaining trading approval and confirmation from depositories (NSDL/CDSL) for crediting shares and lock-in periods, within stipulated timelines to avoid penalties.

Key Highlights

  • BSE grants listing approval for 23,38,000 equity shares.
  • Shares issued at a premium to Promoter/Promoter Group.
  • Company must comply with further SEBI and BSE regulations.
  • Trading approval required within seven working days.
  • Depository confirmations are necessary for listing.