StockWatch
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Industrial Products
Corporate Action28 May 2026, 04:26 pm

531661 seeks BSE trading approval for 4.45 lakh preferential shares

AI Summary

531661 has applied to BSE Limited on May 28, 2026, for trading approval of 4,45,000 equity shares. These shares were allotted on March 28, 2026, as part of a preferential issue. Each share has a face value of ₹10 and an issue price of ₹13.92, totaling an issue size of ₹61,94,400. The company confirms compliance with relevant SEBI and Companies Act regulations for this allotment.

Key Highlights

  • Company applied for BSE trading approval for 4,45,000 equity shares.
  • Shares were allotted on March 28, 2026, via a preferential issue.
  • Issue price was ₹13.92 per share, totaling ₹61,94,400.
  • Company confirmed compliance with all applicable regulations.