StockWatch
·
Packaging
Corporate Action10 Oct 2026, 03:29 pm

Jumbo Bag Gets BSE Listing Approval for 6 Lakh Preferential Shares

AI Summary

Jumbo Bag Ltd has received final listing approval from BSE Limited for 6,00,000 Equity Shares allotted on a preferential basis to promoters and non-promoters. These shares, issued at ₹61/- each upon conversion of warrants, will increase the company's listed equity share capital. The shares will rank pari-passu with existing equity shares. Corporate actions for crediting these shares are underway.

Key Highlights

  • BSE grants listing approval for 6,00,000 equity shares.
  • Shares issued on preferential basis to promoters and non-promoters.
  • Allotment price was ₹61/- per share via warrant conversion.
  • Listed equity capital of the company has increased.
  • Newly allotted shares rank pari-passu with existing shares.