Please find the attached intimation letter regarding receipt of listing and trading approval for 44,20,000 equity shares from the BSE Limited on preferential issue basis.
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Indong Tea Company has received listing and trading approval from BSE for 44,20,000 equity shares issued on a preferential basis. The shares have a face value of Rs. 10 each and were allotted at Rs. 30 per share, which includes a premium of Rs. 20. The shares were issued to promoter group members as well as non-promoter allottees, and the original allotment was made on February 13, 2025. These shares will be available for trading on BSE starting June 2, 2025, with distinctive share numbers from 15001049 to 19421048.
The new shares are now tradeable on BSE, which increases the total share count and may lead to short-term dilution. Existing shareholders should note the expanded share base, though the funds from this preferential issue would have already been received by the company at the time of allotment.