Description
15 lakh equity shares of Continental Securities Limited to be listed and traded from August 28, 2025, issued through preferential allotment.
Summary
BSE has announced the listing of 15,00,000 new equity shares of Continental Securities Limited (Scrip Code: 538868) effective from Thursday, August 28, 2025. These shares were issued at a premium through preferential allotment to non-promoters pursuant to conversion of warrants.
Key Points
- 15,00,000 equity shares of Rs. 2/- each issued at Rs. 19/- premium
- Issue price: Rs. 21/- per share
- Issued to non-promoters on preferential basis through warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 27753001 to 29253000
- ISIN: INE183Q01020
Regulatory Changes
No regulatory changes - standard listing procedure for new securities.
Compliance Requirements
- Trading members informed of new security listing
- Lock-in period applicable until June 15, 2026
- All 15,00,000 shares subject to lock-in restrictions
Important Dates
- Allotment dates: May 24, 2025 (7.25 lakh shares) and May 31, 2025 (7.75 lakh shares)
- Trading commencement: August 28, 2025
- Lock-in period ends: June 15, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of additional shares through warrant conversion. The lock-in period until June 2026 prevents immediate trading of these shares, limiting supply impact on the market.
Impact Justification
Routine listing of additional shares through warrant conversion with limited market impact