Viviana Power Tech Limited has informed the Exchange about receiving Trading Approval of 51,500 Equity Shares of Rs. 10/- Each issued on a Preferential Basis
VIVIANA · price
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Awaiting price reaction for this filing.
Viviana Power Tech Limited has received trading approval from the Exchange for 51,500 equity shares with a face value of Rs. 10 each, which were issued on a preferential basis to selected investors. This is a regulatory confirmation that these newly allotted shares can now be traded on the stock exchange. The total value of shares issued amounts to Rs. 5.15 lakhs at face value, though the actual capital raised would depend on the issue price at which they were allotted. No further details about the issue price or allottees were provided in the filing.
The dilution is minimal given the small size of the issuance, so the impact on existing shareholders is likely negligible. However, preferential issues typically come with a lock-in period, meaning these shareholders cannot immediately sell, which limits near-term supply pressure on the stock.