Celebrity Fashions Limited has informed the Exchange about General Updates Intimation Of Trading Approval Received From BSE Limited And National Stock Exchange Limited For 31,26,339 Equity Shares Of Rs. 10/- Each On Preferential Basis
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Celebrity Fashions Limited has received trading approval from BSE and NSE for 31,26,339 equity shares issued on a preferential basis to non-promoters. Each share has a face value of ₹10 and was allotted at a premium of ₹6.06, taking the total issue price to ₹16.06 per share. The total value of this preferential issue is approximately ₹5.02 crore. The new shares are listed and available for trading from May 23, 2025, with distinctive numbers from 56552075 to 59678413. These shares are subject to a lock-in period that runs until December 31, 2025, meaning they cannot be sold before that date.
Existing shareholders will see a dilution of their stake by around 31.26 lakh new shares, but since the shares are locked in until end of December 2025, there is no immediate selling pressure on the stock. The premium pricing indicates the company raised capital at better-than-face-value terms.