Celebrity fashions Limited has secured listing approval from both major Indian stock exchanges for its preferential share allotment. The company received formal approval from BSE Limited and National Stock Exchange of India Limited on April 22, 2026, for listing 48,69,933 equity shares under regulatory compliance requirements.

Share Allotment Details

The preferential share issue comprises specific parameters that highlight the company's capital raising initiative:

The shares have been allotted to both promoters and non-promoters on preferential basis, representing a strategic capital infusion for the company.

Regulatory Compliance and Approvals

The listing approval was granted in accordance with Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation 2015. Both exchanges have provided their formal consent for the shares to be listed and traded on their platforms.

BSE Limited, through its communication dated April 22, 2026, acknowledged receipt of the company's application along with required enclosures and granted listing approval. The exchange emphasized compliance with Regulation 167 of SEBI (ICDR) Regulations and other SEBI specifications.

Trading Approval Requirements

Before trading approval is granted, Celebrity Fashions Limited must fulfill several mandatory requirements:

• Submit listing approval from National Stock Exchange of India Limited
• Provide confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts
• Submit confirmation about admitting the capital to the depository system
• Provide confirmation letters about lock-in of pre-preferential holding if applicable

Compliance Timeline and Obligations

The company must adhere to specific regulatory timelines for trading approval. According to SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, listed entities must apply for trading approval within seven working days from the date of listing approval grant.

Additionally, if there is a change exceeding two percent of the total paid-up share capital, the company must file the shareholding pattern in XBRL mode as required under Regulations 31(1)(c) of SEBI LODR Regulations, 2015.

Next Steps

The shares will be listed and admitted to dealings on the exchanges upon receipt of confirmation from depositories NSDL/CDSL for credit of beneficiaries' accounts. This preferential allotment represents a significant step in Celebrity Fashions Limited's capital structure enhancement and regulatory compliance framework.

Celebrity Fashions Limited has successfully completed its Board of Directors meeting held on March 21, 2026, finalizing significant corporate actions including equity share allotment through preferential issue and approval of Cumulative Redeemable Preference Shares redemption. The meeting, which commenced at 3:00 PM and concluded at 3:45 PM, addressed key agenda items in compliance with SEBI regulations and communicated outcomes to both BSE Limited and National Stock Exchange of India Limited.

Preferential Equity Share Allotment Completed

The board has successfully allotted 48,69,933 equity shares through preferential issue on a private placement basis. This allotment was executed pursuant to shareholder approval obtained through Postal Ballot on February 18, 2026, and "In-principle Approval" from NSE and BSE received on March 9, 2026. The newly allotted equity shares rank pari-passu with existing equity shares in all aspects.

Impact on Share Capital Structure

Following the preferential allotment, the company's paid-up equity share capital has increased substantially from the existing base to accommodate the new equity shares.

Detailed Investor Allocation and Shareholding Changes

The preferential issue involved both promoter and public category investors across five participants. The allocation demonstrates strategic involvement from promoter group members including Mr. Venkatesh Rajagopal, Mr. Vidyuth Rajagopal, and Mrs. Rama Rajagopal alongside external investors Mr. Manoj Mohenka and Paradisal Precision Private Limited.

SEBI Disclosures Filed

Paradisal Precision Substantial Acquisition

Paradisal Precision Private Limited has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011 on March 24, 2026. The company acquired 22,02,620 equity shares through the preferential allotment, increasing its shareholding from 5.24% to 8.26%.

Promoter Group Disclosure

The promoter group, comprising Mr. Venkatesh Rajagopal, Mrs. Rama Rajagopal, and Mr. Vidyuth Rajagopal, has also filed a disclosure under Regulation 29(2) on March 24, 2026. The group collectively acquired 14,54,898 equity shares through the preferential allotment.

CRPS Redemption Approval

The board confirmed the alteration and approval of redemption date for 50,20,900 1% Cumulative Redeemable Preference Shares of ₹10 each. The redemption date has been rescheduled between March 23, 2026, and March 30, 2026, as the original due date of March 31, 2026, falls on a local holiday.

The company has communicated these outcomes in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with regulatory requirements and maintaining transparency with stakeholders.