Receipt of Trading Approval- Preferential Issue

Price

Loading chart…

▲ 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

-2.2%1-day move

₹3.64

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-2.2-2.7-3.8-5.2-2.7-8.0-6.6-3.3-1.9—

Up moveDown movePending

AI summary

Cranes Software International has received trading approval from BSE for 4,00,00,000 equity shares allotted to Promoter Director Mr. Asif Khader. These shares were issued at Rs 4.57 per share (face value Rs 2 plus premium Rs 2.57) following conversion of warrants that were allotted in June 2024. The actual equity share allotment was completed on 9th December 2025, and the company subsequently applied for listing and trading approval in January and April 2026. The shares are now listed and available for trading on BSE effective 28th April 2026.

Likely market impact

This preferential allotment increases the promoter stake in the company, which may dilute existing shareholders' ownership percentage. The large volume of new shares (40 crore) entering the market could impact the stock price and shareholder value.