BSE approves trading of 13 lakh promoter shares from warrant conversion
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Continental Securities has received BSE trading approval for 13,00,000 equity shares (face value Rs 2, issued at Rs 19 premium, about Rs 21 per share) allotted to promoters on a preferential basis through warrant conversion. The shares, numbered 3,04,53,001 to 3,17,53,000, will be tradable from October 16, 2026. Total value of the allotment is around Rs 2.73 crore.
About 13 lakh promoter shares (Rs 2.73 crore) become tradable, adding to supply on the stock post any lockin period.