Emkay Global gets in-principle approval for 1 Lakh equity share listing

Emkay Global Financial Services Ltd has received in-principle approval from both NSE and BSE for the listing of 1,00,000 equity shares. These shares arise from the conversion of warrants issued on a preferential basis to Mr. Prakash Kacholia, a promoter. The shares are valued at Rs. 10/- each, with an issue price including a premium of Rs. 229.50/- each. The approval is subject to the company fulfilling further conditions, including confirmation from depositories for credit of shares and obtaining listing approval from NSE if applicable. Trading approval will be granted upon submission of these confirmations.