Viviana Power Tech Limited has informed the Exchange about receiving In-Principle Approval for Listing of 51,500 Equity Shares of Rs. 10/- Each issued on a Preferential Basis.
VIVIANA · price
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Viviana Power Tech Limited has received in-principle approval from the stock exchange for listing of 51,500 equity shares of Rs. 10 each, issued on a preferential basis. The total value of the allotment is approximately Rs. 5.15 lakh at face value. This is a routine regulatory step required before the newly issued shares can be listed and traded on the exchange. Preferential allotments are typically made to specific investors rather than through a public issue.
The listing approval is a procedural milestone and not material to the stock price. Existing shareholders may see a marginal dilution once these shares are traded, but the small size of this allotment means the impact on shareholding is minimal.