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Continental Securities LtdBoard Meeting, 24-05-2025: Board Meeting

24-05-2025 | 12:19 pm

Continental Securities Limited has announced a board meeting that approved the conversion of 7.25 lakh warrants allotted to Satiny Constructions Limited into an equal number of equity shares with a face value of ₹2 each. This preferential allotment increases the company’s paid-up equity capital from ₹5.55 Cr to ₹5.70 Cr, raising the total shares outstanding to 2.85 crore. The company received the full subscription amount for these warrants, signaling fresh equity infusion and strengthening the capital base, which could support its operational and growth plans going forward.

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