StockWatch
·
Stockbroking & Allied
Regulatory31 Jul 2026, 08:20 pm

Emkay Global gets BSE approval for listing 1 Lakh equity shares

AI Summary

Emkay Global Financial Services Ltd has received in-principle approval from BSE Limited for the listing of 1,00,000 equity shares. These shares arise from the conversion of an equivalent number of warrants issued on a preferential basis to Mr. Prakash Kacholia, a promoter. The shares have a face value of Rs. 10 each and were issued at a premium of Rs. 229.50. The approval is subject to compliance with SEBI regulations, including submission of trading approval and confirmation letters from depositories.

Key Highlights

  • BSE grants in-principle approval for listing 1 Lakh equity shares.
  • Shares result from conversion of warrants issued to a promoter.
  • Listing is subject to further regulatory compliances.
  • Company must obtain trading approval within seven working days.