Continental Securities Ltd — Updates, 07-05-2025: Company Update

Continental Securities Limited has announced a board meeting that 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. These warrants, allotted preferentially to both promoter and non-promoter groups, have resulted in the company’s paid-up equity capital increasing to ₹5.35 Cr from ₹5.25 Cr with 2.67 crore shares outstanding. The promoter group entity, Rajesh Khuteta HUF, converted its warrants after paying the balance subscription amount. This equity dilution strengthens the company’s capital base and supports its future growth plans.