Darjeeling Ropeway Company Ltd — Important, 09-12-2025: Company Update

Darjeeling Ropeway Company has received trading approval from BSE for 1.8 million new equity shares. These shares, with a face value of Rs. 10 and issued at a premium of Rs. 6.80 each, represent a successful capital raise of approximately Rs. 3.024 crore. Issued to non-promoters through the conversion of warrants on a preferential basis, this approval means these shares are now officially listed and available for trading on the exchange, increasing the company's outstanding share capital and market liquidity.