Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India( Listing Obligations and Disclosure Requirements), 2015 we wish to inform that BSE Limited vide ....
FINKURVE · price
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Finkurve Financial Services has received listing approval from BSE for 1,30,13,100 equity shares (face value Re. 1 each) allotted to non-promoters on a preferential basis at a premium of Rs. 77 per share. These shares were issued pursuant to the conversion of warrants. The approval was granted via BSE letter dated July 11, 2025. The company must now apply for trading approval within seven working days and ensure compliance with SEBI ICDR Regulations, including credit of shares to NSDL/CDSL accounts.
Existing shareholders may see dilution of their holding since 1.30 crore new shares are being added to the equity base. However, the shares were issued at a significant premium (Rs. 77 above face value), which strengthens the company's capital base without straining valuation.