
Regulatory8 Jul 2026, 03:43 pm
Tejassvi Aaharam gets BSE in-principle nod for preferential share issue
AI Summary
Tejassvi Aaharam Ltd has received an 'in-principle' approval from the Bombay Stock Exchange (BSE) for the issuance of 5,11,62,204 fully paid-up equity shares to non-promoters on a preferential basis. This issuance is part of a share swap arrangement and is priced at Rs. 10 per share, with a face value of Rs. 10. The approval is subject to compliance with all applicable regulations, including the Companies Act, 2013, and SEBI's ICDR and Listing Obligations and Disclosure Requirements (LODR) Regulations. The company has been granted this approval via BSE's Letter No. LOD/PREF/PB/FIP/479/2026-27 dated July 7, 2026. This signifies a step towards the completion of the preferential issue.
Key Highlights
- BSE grants 'in-principle' approval for preferential share issuance.
- 5,11,62,204 equity shares to be issued to non-promoters.
- Issuance is part of a share swap arrangement.
- Approval is subject to regulatory compliance.
- Share price set at Rs. 10 per equity share.
Price Impact
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