StockWatch
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Diversified Commercial Services
Corporate Action7 Oct 2026, 04:05 pm

Samyak International gets BSE Listing Approval for Preferential Issue

AI Summary

Samyak International Ltd has received the 'Listing Approval' letter from BSE Ltd. for the preferential issue of 40,00,000 Equity Shares of Rs. 10/- each at an issue price of Rs. 17/- per share. The approval is for listing these shares, which were issued on a preferential basis to promoters and non-promoters. The shares will be listed and admitted to dealings on the exchange upon confirmation from NSDL/CDSL regarding the credit of shares to beneficiaries' accounts. The company must comply with SEBI regulations, including filing shareholding patterns in XBRL mode if changes exceed two percent and applying for trading approval within seven working days.

Key Highlights

  • BSE grants listing approval for 40,00,000 equity shares via preferential issue.
  • Issue price was Rs. 17 per share, including a premium of Rs. 7.
  • Listing contingent on depository confirmation (NSDL/CDSL).
  • Company must comply with SEBI LODR Regulations, including XBRL filings.
  • Trading approval required within seven working days post-listing approval.