StockWatch
·
Packaged Foods
Corporate Action29 Sept 2026, 05:50 pm

Chatha Foods gets BSE listing approval for 16,000 equity shares

AI Summary

Chatha Foods Ltd has received listing approval from BSE Limited for 16,000 equity shares. These shares were allotted following the conversion of 16,000 warrants, which were issued on a preferential basis to the company's promoters. Each share has a face value of ₹10 and was issued at a premium of ₹117. The BSE approval letter confirms the listing and advises the company to comply with SEBI (ICDR) Regulations, including filing shareholding patterns if there's a change exceeding 2% of the total paid-up capital. Trading approval for these shares will be granted upon submission of listing approval from NSE (if applicable) and confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts and lock-in of pre-preferential holdings. The company is required to apply for trading approval within seven working days from the date of listing approval.

Key Highlights

  • BSE approved listing of 16,000 equity shares.
  • Shares resulted from warrant conversion by promoters.
  • Face value ₹10, issued at ₹117 premium per share.
  • Company must ensure regulatory compliance for trading.
  • Trading approval pending further documentation.