DhanSafal Finserve Limited has received listing approval from BSE Limited for 1,00,00,000 equity shares. These shares, each with a face value of Re. 01/-, were issued at a premium of Rs. 3.31/- each on a preferential basis. This issuance is a result of the conversion of warrants, as per the company’s disclosure. The approval facilitates the formal listing and trading of these newly issued shares on the stock exchange.
Listing Approval Secured for Preferential Issue
DhanSafal Finserve Limited has announced the receipt of listing approval from BSE Limited for a substantial issuance of equity shares. The approval pertains to 1,00,00,000 equity shares, each carrying a face value of Re. 01/-. These shares were issued at a premium of Rs. 3.31/- per share through a preferential allotment mechanism.
Warrant Conversion Leads to Share Issuance
The issuance of these new equity shares is a direct consequence of the conversion of warrants. This strategic move aligns with the company’s financial objectives and corporate actions. The listing approval ensures that these shares can now be formally admitted for trading on the stock exchange, increasing the total issued and paid-up share capital of DhanSafal Finserve Limited.
Source: BSE
