StockWatch
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Commodity Chemicals
Corporate Action10 Oct 2026, 03:29 pm

TANFAC Industries: Trading Approval Received for Preferential Issue Shares

AI Summary

TANFAC Industries Ltd has received trading approval from BSE Limited for 4,24,647 equity shares of face value ₹5 each. These shares were issued at a premium of ₹2,341 per share on a preferential basis to promoter and non-promoter investors. The approval is effective from October 12, 2026, with the shares bearing distinctive numbers from 21208919 to 21633565. This marks a significant step in the completion of the preferential allotment.

Key Highlights

  • Trading approval secured from BSE for preferential issue shares.
  • 4,24,647 equity shares to be traded.
  • Issued at a premium of ₹2,341 per share.
  • Effective trading date: October 12, 2026.
  • Shares allotted to promoter and non-promoter investors.