Continental Securities Ltd — Board Meeting, 03-05-2025: Board Meeting

Continental Securities Limited has announced a board meeting to approve the allotment of 5,00,000 convertible warrants to promoters on a preferential basis. Each warrant is convertible into equity shares with a face value of ₹32 and a premium of ₹19 per share. This move aims to strengthen promoter holding and potentially enhance the company’s capital base. Other agenda items may be discussed with the chair’s permission. This allotment could impact shareholding patterns and future fundraising strategies.