Description

BSE lists 12,00,000 new equity shares of Continental Securities Limited issued on a preferential basis pursuant to conversion of warrants, effective April 8, 2026.

Summary

BSE has listed 12,00,000 new equity shares of Continental Securities Limited (Scrip Code: 538868) effective Wednesday, April 8, 2026. The shares were issued at a premium of Rs. 19/- (issue price Rs. 21/-) per share of Rs. 2/- face value to promoter and non-promoter shareholders on a preferential basis, pursuant to conversion of warrants.

Key Points

  • 12,00,000 equity shares of Rs. 2/- each issued at issue price of Rs. 21/- (Rs. 19/- premium)
  • Shares issued on preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE183Q01020
  • Distribution numbers: 29253001 to 30453000
  • Two tranches of allotment: 7,00,000 shares on 31/01/2026 and 5,00,000 shares on 07/02/2026

Regulatory Changes

No regulatory changes. This is a standard listing notice for newly allotted securities pursuant to an earlier approved preferential allotment.

Compliance Requirements

  • Trading members are informed that these securities are now permitted to trade on BSE
  • Lock-in restrictions must be observed as specified; locked-in shares are not freely tradable until the respective lock-in expiry dates

Important Dates

  • Allotment Date (Tranche 1): 31 January 2026 — 7,00,000 shares (Dist. Nos. 29253001–29953000)
  • Allotment Date (Tranche 2): 07 February 2026 — 5,00,000 shares (Dist. Nos. 29953001–30453000)
  • Trading Effective Date: Wednesday, 08 April 2026
  • Lock-in Expiry (Tranche 1 — 7,00,000 shares): 30 November 2027
  • Lock-in Expiry (Tranche 2 — 5,00,000 shares): 30 November 2026

Impact Assessment

The listing increases Continental Securities Limited’s total equity share count by 12,00,000 shares. However, all newly listed shares are subject to lock-in periods (until November 2026 and November 2027 respectively), limiting their immediate tradability and reducing short-term dilution impact on the market. Trading members should note the lock-in restrictions when handling client orders for this scrip.

Impact Justification

Routine preferential allotment listing affecting only one company; introduces new shares with lock-in periods that may affect liquidity for existing shareholders.