Please find attached herewith the Trading Approval Letter received from BSE for Preferential Allotment.
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Awaiting price reaction for this filing.
Getalong Enterprise Ltd has received trading approval from BSE for 11,60,000 equity shares of Re. 1 each issued on a preferential basis at a premium of Rs. 24 per share (total issue price of Rs. 25). These shares were allotted to Promoters and Non-Promoters and have been listed and permitted to trade on BSE with effect from June 18, 2025. The aggregate value of the preferential issue is approximately Rs. 2.9 crore. The shares carry distinctive numbers from 20000001 to 21160000. This is a routine post-allotment disclosure confirming that the newly issued shares have started trading on the exchange.
The listing of these preferential shares expands the company's public float by 11.6 lakh shares, which may create mild dilution for existing shareholders. With only Rs. 2.9 crore raised, the impact on share price is expected to be minimal, though retail investors should note the potential overhang from non-promoter allottees selling post mandatory lock-in expiry.