StockWatch
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Stockbroking & Allied
Corporate Action3 Nov 2026, 07:20 pm

Emkay Global gets trading approval for 1 Lakh shares

AI Summary

Emkay Global Financial Services Ltd has received trading approval letters from NSE and BSE for 1,00,000 equity shares. These shares were allotted upon conversion of warrants issued on a preferential basis to Mr. Prakash Kacholia, a promoter. The shares are admitted to dealings on the stock exchanges from November 4, 2026. However, as per SEBI ICDR Regulations, these shares will remain locked in for a period of 18 months from the date of receipt of the trading approval letters, meaning they will be locked until May 4, 2028.

Key Highlights

  • Trading approval received from NSE and BSE for 1,00,000 equity shares.
  • Shares allotted upon conversion of warrants issued on preferential basis.
  • Shares admitted to dealings from November 4, 2026.
  • Shares subject to an 18-month lock-in period until May 4, 2028.