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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.79% | +4.13% | +2.50% | -12.30% | -14.23% | +305.94% |


































