Promoter group Vachi Commercial LLP allotted 5 lakh shares via warrant conversion
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Vachi Commercial LLP, part of the promoter group of Continental Securities Limited, was allotted 5,00,000 equity shares on July 8, 2026, on conversion of convertible warrants issued on a preferential basis. The acquirer's ordinary share holding rose from 8.70 percent (26.50 lakh shares) to 10.18 percent (31.50 lakh shares). Total promoter group holding stands at 1,19,66,686 shares. The company equity share capital increased from 3,04,53,000 to 3,09,53,000 shares of face value Rs 2 each.
Promoter group stake rises past 10 percent via warrant conversion, showing continued promoter commitment and capital infusion into the company.