Intimation of receipt of Trading approval for 1,94,70,000 equity shares of face value Re. 01/- each on preferential basis pursuant to conversion.
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DhanSafal Finserve Ltd has received trading approval from BSE for 1,94,70,000 (1.94 crore) equity shares of face value Re. 1 each. These shares were issued on a preferential basis at a price of Rs. 4.31 per share (Rs. 1 face value + Rs. 3.31 premium). The approval was granted via BSE's letter dated August 7, 2025, allowing these newly issued shares to be traded on the exchange. The company communicated this to BSE under SEBI's listing regulations. This follows the earlier allotment and means the shares are now freely tradeable on the platform.
Existing shareholders will see dilution of their holdings as 1.94 crore new shares enter the market. The relatively low issue price (Rs. 4.31) could create selling pressure and weigh on the stock price once trading begins, especially given the small size of the company.