Announced Mon, 13 Jul · 21:07 IST
Board to Approve Conversion of 4 Lakh Warrants into Equity Shares for Promoters
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹12.71
prior close
₹13.19
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.1-8.9-6.5+0.8+8.4+8.2————
Up moveDown movePending
AI summary
Continental Securities board will meet on July 16, 2026 to approve allotment of 4,00,000 equity shares of face value Rs 2 at a premium of Rs 19 per share. This is via conversion of 4,00,000 warrants (out of 8,00,000 total) to promoter category allottees on a preferential basis, upon receipt of balance consideration.
Likely market impact
Converts pending promoter warrants into equity, raising promoter shareholding and adding to total share count, which may dilute non-promoter shareholders.