Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received the Trading Approval letter from ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kranti Industries has received a trading approval letter from BSE for 11,00,000 equity shares of ₹10 each, issued at a premium of ₹70 (total ₹80 per share). These shares were allotted to non-promoters on a preferential basis following the conversion of warrants. The shares carry distinctive numbers from 11410401 to 12510400 and will be available for trading on BSE from April 8, 2025. This filing is a procedural intimation confirming that the new shares are now tradable on the exchange.
Existing shareholders may see a mild dilutive effect as 11 lakh new shares enter the market from the warrant conversion, increasing the equity base. The capital from this allotment was likely already anticipated, so any short-term price impact should be limited.