Continental Securities Ltd — Updates, 12-05-2025: Company Update

Continental Securities Limited has announced a board meeting approving the conversion of 5,00,000 warrants into equity shares allotted on a preferential basis to promoter and non-promoter groups. The allotment increases the paid-up equity capital from ₹5.35 Cr to ₹5.45 Cr, with shares issued at a premium of ₹19 each on a face value of ₹2. The full consideration for warrants issued to Taarush Tradecom LLP, a non-promoter, has been received, resulting in a post-conversion holding of 5.36% for the allottee. This capital raise strengthens the company’s equity base.