We would like to inform you that the Company has received Trading Approval from the BSE Limited on April 25, 2025 for the trading of 1800000 Equity Shares issued on Preferential basis to ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HB Leasing & Finance Company has received trading approval from BSE Limited (effective April 28, 2025) for 18,00,000 equity shares that were allotted on a preferential basis on March 12, 2025 at Rs. 18 per share (Rs. 10 face value plus Rs. 8 premium). Of these, 11,60,000 shares went to the Promoter Group and 6,40,000 shares to a Non-Promoter. These shares, bearing distinctive numbers from 11062732 to 12862731, are now permitted to trade on the exchange following the listing approval.
The newly allotted preferential shares will become tradable on BSE from April 28, 2025, slightly expanding the available share float. Existing shareholders should note potential dilution, though preferential allotments to promoter groups typically carry SEBI-mandated lock-in restrictions limiting immediate selling pressure.