The Company received In - Principle Approval for 32241655 Equity shares from BSE Limited.
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Vani Commercials Ltd has received in-principle approval from BSE for issuing 3,22,41,655 equity shares (face value Rs. 10 each) at a price not less than Rs. 12 per share. The issue is divided into two tranches — 2,08,49,989 shares and 1,13,91,666 shares — both being allotted to non-promoters on a preferential basis. The issue price of Rs. 12 represents a Rs. 2 premium over the face value. The approval was granted on 17 February 2026, and the company must now complete allotment and file a listing application within 20 days of allotment.
This is a preferential equity dilution to non-promoters at a modest premium to face value, which could expand the shareholder base but will dilute existing shareholders' stakes. The relatively low issue price suggests fundraising at favorable terms for the allottees; existing investors should watch for any price action post-allotment.