Intimation of Trading approval received for preferential issue of equity shares.
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Abhishek Finlease Limited has received trading approval from BSE for 348,810 fully paid-up equity shares issued on a preferential basis. The shares have a face value of Rs. 10 each and were issued at a premium of Rs. 33, taking the issue price to Rs. 43 per share. These shares, bearing distinctive numbers from 4263901 to 4612710, were allotted to both promoter and non-promoter categories. The shares are now eligible for trading on BSE with effect from Tuesday, May 13, 2025. The original application for this preferential issue was submitted by the company on January 21, 2025.
This approval allows the newly issued shares to start trading, adding potential supply to the float and leading to minor dilution for existing shareholders. The premium of Rs. 33 above face value suggests the company raised capital at roughly Rs. 1.5 crore from this preferential allotment.