StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting17 Jul 2026, 05:00 pm

Continental Securities Board Meeting on July 21 to Approve Share Allotment

AI Summary

Continental Securities Ltd has announced a Board of Directors meeting scheduled for July 21, 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 the conversion of 4,00,000 warrants into equity shares, with a face value of ₹2/- each and a premium of ₹19/- per share. The allotment will be on a preferential basis to an allottee belonging to the promoter category, contingent upon the receipt of the balance consideration for the warrants. The meeting will also address any other business with the Chair's permission.

Key Highlights

  • Board meeting scheduled for July 21, 2026.
  • To consider allotment of 4,00,000 equity shares.
  • Shares to be issued via warrant conversion.
  • Allotment is preferential to a promoter category allottee.