Intimation of receipt of Trading approval from BSE limited
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Balgopal Commercial Ltd has received trading approval from BSE Limited for 19,00,000 equity shares that were issued to the Promoter on a preferential basis. The shares have a face value of Rs. 10 each and were issued at a premium of Rs. 50 per share, making the issue price Rs. 60 per share. The shares relate to conversion of warrants. Trading in these shares became effective from May 6, 2026, with distinctive numbers ranging from 19010001 to 20910000. This is a routine regulatory intimation under SEBI LODR regulations.
The company has completed the listing process for newly issued promoter shares, increasing the promoter holding. This is a standard corporate action and is unlikely to have immediate material impact on the stock price.