Celebrity Fashions Limited has informed the Exchange about General Updates
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Celebrity Fashions Limited has received in-principle approval from both NSE and BSE to issue 48,69,933 fully paid equity shares on a preferential basis to promoters and non-promoters. The shares have a face value of ₹10 each and will be allotted at ₹10.31 per share, carrying a very small premium of just ₹0.31. The total issue size works out to approximately ₹5.02 crore. The approval was granted on 9th March 2026 under Regulation 28(1) of SEBI Listing Regulations, but it is conditional — the company must still file a listing application post-allotment, obtain statutory clearances, and ensure allottees do not engage in trading violations before allotment.
This is a small preferential allotment that will lead to a minor dilution of existing shareholders' stakes. The extremely low premium (₹0.31) suggests the shares are being placed with select allottees at near face value. Existing investors should monitor the final allotment and post-issue disclosures, though the financial impact on the stock is likely to be limited given the modest size of the issue.