Continental Securities converts 4,00,000 warrants to equity shares

Continental Securities Ltd announced the conversion of 4,00,000 convertible warrants into equity shares of face value ₹2 each. The conversion was approved by the Board of Directors on July 16, 2026. These warrants were held by Vachi Commercial LLP, a promoter group entity, and were originally allotted on January 31, 2025, on a preferential basis. The conversion follows the receipt of the balance 75% of the issue price. This action increases the company's paid-up equity capital from ₹6,19,06,000 to ₹6,27,06,000, with the number of equity shares rising from 3,09,53,000 to 3,13,53,000.