Stellant Securities Gets BSE In-Principle Listing Approval for 1.5 Lakh Shares

Stellant Securities (India) Ltd has received in-principle listing approval from BSE Ltd for 1,50,000 equity shares. These shares, with a face value of Rs. 10 each, were allotted to a promoter pursuant to the conversion of warrants issued on a preferential basis. The approval is subject to the company complying with SEBI regulations and obtaining necessary approvals, including listing approval from NSE (if applicable) and confirmation letters from NSDL/CDSL regarding share credit and lock-in periods. The company must also apply for trading approval within seven working days from the grant of listing approval to avoid penalties.