Disclosure under regulation 7(2) of SEBI(PIT) .
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Continental Securities Ltd informed BSE that it received a Form C disclosure from Vachi Commercial LLP, a member of its Promoter Group, regarding the acquisition of equity shares. Vachi Commercial LLP's holding increased from 7,00,000 equity shares to 1,10,25,000 equity shares, a jump of about 1.03 crore shares. The acquisition/allotment took place on 31 January 2026, with intimation to the company on 3 February 2026. The percentage of shareholding post-acquisition is calculated on a fully diluted basis, factoring in full conversion of outstanding warrants. As per notes, in July 2023 Vachi Commercial LLP had subscribed to 17 lakh convertible warrants (paying 25% upfront), and in March 2024 10 lakh warrants were already converted into equity shares at Rs 10 each, indicating this latest allotment is likely from further warrant conversions.
Promoter Group has significantly increased its stake in Continental Securities, which is generally viewed positively by retail investors as a sign of promoter confidence. However, since these are warrant conversions (not fresh market purchases), no new cash is being deployed by the promoter, so the price impact is likely limited.