Continental Securities Ltd — Board Meeting, 12-05-2025: Board Meeting

Continental Securities Limited has announced a board meeting that approved 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 allotment increased the company’s paid-up equity capital from ₹5.35 Cr to ₹5.45 Cr, raising the total shares outstanding to 2.72 crore. The conversion follows receipt of the full warrant subscription money from Taarush Tradecom LLP, a non-promoter investor whose holding has increased to 5.36% post conversion. This capital infusion strengthens the company’s equity base, potentially supporting future business activities.