Emkay Global gets in-principle approval for warrant share listing

Emkay Global Financial Services Ltd has received in-principle approvals from both the National Stock Exchange (NSE) and BSE Limited (BSE) for the listing of equity shares. These shares arise from the conversion of warrants that were issued on a preferential basis. The approvals cover the listing of a total of 793,400 equity shares. Specifically, 378,300 shares are to be listed following the conversion of warrants allotted to promoters Mr. Krishna Kumar Karwa (278,300 shares) and Mr. Prakash Kacholia (100,000 shares). Additionally, 415,100 equity shares, also allotted to Mr. Krishna Kumar Karwa, will be listed. The face value of each share is Rs. 10/-.