Intimation of Trading Approval received from BSE
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Fervent Synergies has received trading approval from BSE for 62,50,000 equity shares (Rs. 10 each at par), listed with distinctive numbers 43750001 to 50000000. These shares were issued to promoters and non-promoter group on a preferential basis following the conversion of share warrants. The new shares are tradeable on the exchange from June 24, 2025. This is a regulatory confirmation of an already-disclosed preferential allotment, not a fresh capital raise.
This is a routine post-allotment listing intimation with no new dilution shock for existing shareholders, as the warrant conversion was previously approved. Short-term stock price impact is likely neutral, though the enlarged share count is now reflected in trading.