ALPHA TRIBE

Continental Securities LtdBoard Meeting, 31-05-2025: Board Meeting

31-05-2025 | 11:59 am

Continental Securities Limited has announced a board meeting that approved the conversion of 7.75 lakh warrants into equity shares, increasing the paid-up equity capital from ₹5.70 Cr to ₹5.85 Cr. These warrants, allotted on a preferential basis to non-promoter investors Satiny Constructions Limited and Aahwaanith Tradecom LLP, have now been fully converted following receipt of the balance 75% consideration. Post-conversion, Satiny Constructions holds 10 lakh shares (3.15%), and Aahwaanith Tradecom LLP holds 16.03 lakh shares (5.05%). This capital infusion strengthens the company’s equity base, enhancing its financial position.

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