The Company hereby submits receipt of Trading Approval from the BSE for 10,18,300 equity shares of Rs. 10/- each issued to promoters and non-promoters on preferential basis pursuant to ....
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Simran Farms Limited has received trading approval from BSE for 10,18,300 equity shares of Rs. 10 each issued at a premium of Rs. 145 per share (total issue price Rs. 155 per share). The shares, bearing distinctive numbers 3791701 to 4810000, were issued to both promoters and non-promoters on a preferential basis. This follows an earlier listing approval received on April 23, 2026. The issuance was pursuant to conversion of warrants, which means warrant holders exercised their right to convert holdings into equity shares. The total issue size amounts to approximately Rs. 15.78 crore.
Existing shareholders may face dilution as the share base increases by over 10 lakh shares. The shares are now eligible for trading on BSE from May 12, 2026, which could temporarily impact the stock price due to increased supply.