Continental Securities Ltd — Updates, 16-05-2025: Company Update
16-05-2025 | 11:51 am
16-05-2025 | 11:51 am
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 Raahityaa Enterprises LLP. This has increased the company’s paid-up equity capital to ₹5,55,06,000 through 2,77,53,000 equity shares of ₹2 each. The warrant conversion follows full receipt of the issue price, strengthening capital structure with fresh equity infusion from the non-promoter investor. This transaction expands shareholding and supports the company’s financial position.
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