Intimation of receipt of Listing approval from BSE Ltd for 27,85,000 equity shares of Rs. 2 each bearing distinctive number from 17313501 to 20098500 issued to promoter and non promoter ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swastika Investmart has received BSE approval for listing of 27,85,000 equity shares of Rs. 2 face value each, issued at a premium of Rs. 60.20 (total issue price of Rs. 62.20 per share). These shares were allotted on June 6, 2025 to promoters and non-promoters on a preferential basis pursuant to conversion of warrants, and carry distinctive numbers from 17313501 to 20098500. Trading approval will follow once the company files confirmation of share credit and lock-in compliance with NSDL/CDSL. This is a routine post-allotment listing approval, not a new capital raise event.
The new shares will become tradeable after additional procedural filings, adding to the existing share count and creating mild dilution for current shareholders. However, since the allotment already happened in June 2025, the market has likely factored this in. The strong premium (Rs. 60.20 on a Rs. 2 face value) indicates promoter and insider confidence in the company's valuation.