Continental Securities Board Meeting on July 16 to Approve Share Allotment

Continental Securities Ltd has announced a Board of Directors meeting scheduled for July 16, 2026, at 10:00 AM. The primary agenda item is to consider and approve the allotment of 4,00,000 equity shares. These shares will be issued upon conversion of 4,00,000 warrants, out of a total of 8,00,000 warrants, into equity shares. The conversion will be at a face value of ₹2 each, with a premium of ₹19 per share, on a preferential basis to an allottee belonging to the promoter category. This action is contingent upon the receipt of the balance consideration for these warrants. The meeting will also address any other business with the Chair's permission.