Continental Securities Ltd — Board Meeting, 07-05-2025: Board Meeting

Continental Securities Limited has announced a board meeting on which it approved the conversion of 5 lakh warrants into an equal number of equity shares at a face value of ₹2 each with a premium of ₹19 per share. This preferential allotment was made to Rajesh Khuteta HUF from the promoter group, increasing the paid-up equity capital from ₹5.25 Cr (2.62 crore shares) to ₹5.35 Cr (2.67 crore shares). The conversion follows the receipt of the full subscription amount in two tranches, reflecting continued promoter confidence and support for the company’s capital base.