BSE gives initial approval for preferential issue of 1.5 crore shares

P.M. Telelinnks Ltd received BSE's initial approval to issue 1.5 crore equity shares to non-promoters on a preferential basis. Each share has a face value of Rs 10 and will be issued at Rs 10, equal to its face value. Allotment and listing remain subject to required approvals and compliance steps.