We hereby inform your good selves that the Stock Exchange i.e. BSE Limited has granted In-principle approval vide Letter No. LOD/PREF/GB/FIP/205/2026-27 dated May 08, 2026 for the issue ....
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BSE has granted in-principle approval for two preferential allotments: (1) 40 lakh equity shares of Rs. 10 each at par to Promoters for cash consideration, and (2) 26.64 crore equity shares of Rs. 10 each at par to Promoters and Non-Promoters for consideration other than cash. The company (formerly Softbpo Global Services Limited) has received exchange approval for the proposed issuances, which will dilute existing shareholders but bring fresh capital and assets into the company.
The cash component brings capital to the company while the non-cash component indicates asset conversion or settlement. The massive dilution (27 crore+ shares) significantly increases share capital and will impact existing shareholders' percentage holding.