Intimation of receipt of Trading Approval for 1,25,00,000 equity shares of face value Re. 01/- each on preferential basis pursuant to conversion.
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DhanSafal Finserve Limited has received trading approval from BSE for 1,25,00,000 equity shares of Re. 1 face value each, issued at a premium of Rs. 3.31 per share on a preferential basis. The shares were issued pursuant to conversion of some prior instrument (likely warrants or convertible securities). The BSE approval letter was dated April 28, 2026, and the company disclosed this on April 29, 2026 under SEBI LODR Regulation 30. The total issue size works out to approximately Rs. 4.14 crore based on the issue price of Rs. 3.32 per share (face value + premium). This indicates dilution of equity for existing shareholders as new shares are being allotted to specific investors on a preferential basis.
Existing shareholders face equity dilution as 1.25 crore new shares are introduced via preferential allotment. The stock may experience short-term pressure due to increased share count, though the conversion from warrants suggests some prior investor commitment.