Announced Fri, 10 Oct · 19:31 IST

Outcome of Board Meeting held today i.e. Friday, 10th October, 2025

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bridge Securities Limited's board, at a meeting on 10th October 2025, approved the allotment of 52,63,000 fully paid-up equity shares (face value Re. 1 each) at an issue price of Rs. 5.51 per share, including a premium of Rs. 4.51. These shares were issued upon conversion of an equivalent number of convertible warrants held by M/s. Keyventure Enterprises Private Limited, a non-promoter entity, who paid the remaining 75% of the warrant price. As a result, the company's paid-up share capital rises from Rs. 3.36 crore (3,36,13,000 shares) to Rs. 3.89 crore (3,88,76,000 shares). Post-allotment, Keyventure Enterprises' stake in the company increases sharply from 1.31% to 14.67%, and the new shares will rank pari-passu with existing equity shares.

Likely market impact

Existing shareholders face roughly 15.7% dilution as the share count expands, while a single non-promoter entity (Keyventure Enterprises) is set to hold a sizeable 14.67% stake, concentrating ownership influence in one new investor.