Quarterly Result7 Feb 2026, 02:51 pm
Continental Securities Ltd Approves Conversion of 5,00,000 Warrants into Equity Shares
AI Summary
Continental Securities Ltd has considered and approved the conversion of 5,00,000 warrants into 5,00,000 Equity shares of face value of Rs. 2/- at a premium of Rs. 19/- each. The warrants were allotted on February 07, 2026, on a preferential basis to allottees of the Non-Promoter Group. The company has received the balance 75% of the total consideration with respect to warrants from the investor, and hence converting the same into Equity Shares. This decision has increased the paid-up equity capital of the Company from 35,99,06,000/- to 6,09,06,000/-.
Key Highlights
- Continental Securities Ltd has approved the conversion of 5,00,000 warrants into Equity shares
- The warrants were allotted on February 07, 2026, on a preferential basis to allottees of the Non-Promoter Group
- The company has received the balance 75% of the total consideration with respect to warrants from the investor
- The conversion has increased the paid-up equity capital of the Company from 35,99,06,000/- to 6,09,06,000/-
- The warrants were allotted at a premium of Rs. 19/- each
Price Impact
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