Continental Securities Completes Share Allotments: 7L to Promoter, 5L Warrant Conversion

3 min read     Updated on 04 Feb 2026, 03:58 PM
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Reviewed by
Jubin VScanX News Team
Overview

Continental Securities Limited has successfully completed multiple equity transactions including a 7,00,000 share preferential allotment to promoter group entity Vachi Commercial LLP and conversion of 5,00,000 warrants to equity shares for non-promoter investor Diptanshu Gupta. The warrant conversion was executed at ₹21 per share, increasing the company's paid-up capital from ₹5,99,06,000 to ₹6,09,06,000.

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Continental Securities Limited has completed multiple equity share transactions, including a preferential allotment to its promoter group and a warrant conversion for a non-promoter investor. These corporate actions have strengthened the company's capital structure and modified its shareholding pattern.

Promoter Group Share Allotment

Vachi Commercial LLP, identified as a promoter group entity of Continental Securities Limited, received 7,00,000 equity shares through preferential allotment on January 31, 2026. The shares were allotted pursuant to the conversion of convertible share warrants on a preferential issue basis.

Parameter: Details
Allottee: Vachi Commercial LLP
Shares Allotted: 7,00,000 equity shares
Allotment Date: January 31, 2026
Mode: Preferential Allotment
Nature: Conversion of Convertible Share Warrants

The preferential allotment resulted in significant changes to Vachi Commercial LLP's shareholding pattern. The entity's stake increased from 6.67% to 8.85% of total share capital following the conversion of warrants into equity shares.

Shareholding Details: Before Acquisition After Acquisition Change
Ordinary Shares: 19,50,000 26,50,000 +7,00,000
% of Total Share Capital: 6.67% 8.85% +2.18%
% of Diluted Share Capital: 6.14% 8.35% +2.21%
Convertible Warrants: 20,00,000 13,00,000 -7,00,000

Board Approves Warrant Conversion

The Board of Directors at its meeting held on February 07, 2026, approved the conversion of 5,00,000 warrants into equity shares for non-promoter group allottee. The conversion was executed at face value of ₹2 per share with a premium of ₹19 per share.

Conversion Details: Specifications
Warrants Converted: 5,00,000
Face Value: ₹2 per share
Premium: ₹19 per share
Total Issue Price: ₹21 per share
Allottee: Diptanshu Gupta (Non-Promoter)
Allotment Date: February 07, 2026

Impact on Shareholding Pattern

Diptanshu Gupta's shareholding increased substantially following the warrant conversion. The investor's stake rose from 0.52% to 2.06% of the company's total share capital.

Investor Holdings: Pre-Conversion Post-Conversion Change
Equity Shares: 1,54,311 6,54,311 +5,00,000
Shareholding %: 0.52% 2.06% +1.54%
Warrants Converted: 5,00,000 0 -5,00,000

Updated Capital Structure

Following both transactions, Continental Securities Limited's paid-up equity capital has increased significantly. The company's total equity share capital now stands at ₹6,09,06,000 consisting of 3,04,53,000 equity shares of ₹2 each.

Capital Structure: After Promoter Allotment After Warrant Conversion Total Change
Total Equity Shares: 2,99,53,000 3,04,53,000 +12,00,000
Paid-up Capital: ₹5,99,06,000 ₹6,09,06,000 +₹10,00,000
Face Value per Share: ₹2 ₹2 -

Regulatory Compliance and Approvals

Both transactions were executed in compliance with regulatory requirements. The warrant conversion was based on special resolution passed by shareholders in the general meeting dated January 07, 2025, and in-principle approval received from BSE Limited on January 29, 2025. The warrants were originally allotted on January 31, 2025, with an 18-month conversion period.

The company received 25% of the warrant issue price on January 30, 2025, and the balance 75% on February 04, 2026, from Diptanshu Gupta before executing the conversion. Continental Securities Limited is listed on BSE Limited with scrip code 538868 and security ID CSL, with Pravita Khandelwal serving as Company Secretary and Compliance Officer.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+4.79%+4.13%+2.50%-12.30%-14.23%+305.94%
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Continental Securities: Board Meeting Scheduled for February 07, 2026 to Consider Warrant Conversion

2 min read     Updated on 28 Jan 2026, 02:01 PM
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Reviewed by
Radhika SScanX News Team
Overview

Continental Securities Limited continues its warrant conversion strategy with a board meeting scheduled for February 07, 2026, to approve the allotment of 5,00,000 equity shares to public category investors. The conversion follows the same pricing structure of ₹21 per share (₹2 face value plus ₹19 premium) as the recent successful conversion by Vachi Commercial LLP, which increased the company's paid-up capital and demonstrated strong investor interest in the preferential allotment program.

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Continental Securities Limited has announced another board meeting scheduled for February 07, 2026, at 10:30 AM to consider the conversion of 5,00,000 warrants into equity shares. This follows the recent successful conversion of 7,00,000 warrants by Vachi Commercial LLP, demonstrating the company's continued execution of its capital raising strategy through preferential allotments.

Upcoming Board Meeting Details

The board meeting will be held at the company's registered office located at 301, Metro Plaza, Gopalbari, Jaipur, Rajasthan. The meeting has been convened under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Company Secretary Pravita Khandelwal signing the official intimation on February 04, 2026.

Proposed Warrant Conversion

Parameter: Details
Warrants to be Converted: 5,00,000
Face Value per Share: ₹2.00
Premium per Share: ₹19.00
Total Price per Share: ₹21.00
Allottee Category: Public Category
Meeting Date: February 07, 2026
Meeting Time: 10:30 AM

Recent Warrant Conversion Activity

The company recently completed the conversion of 7,00,000 warrants into equity shares following its board meeting held on January 31, 2026. Vachi Commercial LLP, a promoter group entity, acquired these shares through warrant conversion, increasing their shareholding from 6.67% to 8.85%.

Previous Conversion Impact

Detail: Before Acquisition After Acquisition
Vachi Commercial LLP Shares: 19,50,000 26,50,000
Shareholding Percentage: 6.67% 8.85%
Paid-up Capital: ₹5,85,06,000 ₹5,99,06,000
Total Shares Outstanding: 2,92,53,000 2,99,53,000

Capital Structure Evolution

The upcoming warrant conversion for public category allottees represents the company's strategic approach to diversify its shareholder base while raising capital. The conversion will be executed upon receipt of the balance consideration amount, following the same pricing structure as previous conversions.

Outstanding Warrants Position

Metric: Details
Remaining Warrants (Vachi Commercial): 13,00,000
Proposed Public Conversion: 5,00,000
Conversion Window: 18 months from allotment
Balance Consideration Required: 75% of total amount

Regulatory Compliance

The board meeting intimation has been filed with BSE Limited under scrip code 538868, ensuring full compliance with listing regulations. The company continues to maintain transparency in its capital raising activities through timely regulatory disclosures and proper board approvals for all warrant conversions.

The successful execution of warrant conversions demonstrates Continental Securities' ability to attract investment from both promoter group entities and public investors, supporting its growth and expansion plans through strategic capital allocation.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+4.79%+4.13%+2.50%-12.30%-14.23%+305.94%
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More News on Continental Securities

1 Year Returns:-14.23%