Continental Securities Ltd — Others, 07-05-2025: Corp Action

Continental Securities Limited has announced a board meeting approving the conversion of 5,00,000 warrants into equity shares at a face value of ₹2 each with a premium of ₹19 per share. This preferential allotment to promoter and non-promoter groups increases the paid-up equity capital from ₹5.25 Cr to ₹5.35 Cr, expanding share count to 2.67 crore shares. The full payment for the warrants has been received, strengthening the company's equity base and signaling promoter confidence. This capital infusion supports Continental’s ongoing business operations and growth plans.