News Corporate Actions Continental Securities Allots 7 Lakh Equity Shares to Promoter Group Entity Vachi Commercial LLPContinental Securities Allots 7 Lakh Equity Shares to Promoter Group Entity Vachi Commercial LLP
Continental Securities Limited allotted 7,00,000 equity shares to promoter group entity Vachi Commercial LLP through preferential allotment on January 31, 2026. The allotment was made through conversion of convertible share warrants, increasing Vachi's shareholding from 6.67% to 8.85% of total share capital. The company's total equity share capital expanded from 2,92,53,000 to 2,99,53,000 shares with face value of Rs. 2 each. The transaction was disclosed under SEBI takeover regulations on February 03, 2026.
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Continental Securities Limited has completed a preferential allotment of equity shares to its promoter group entity, marking a significant corporate development for the BSE-listed company. The transaction involved the conversion of convertible share warrants into equity shares, strengthening the promoter group's stake in the company.
Share Allotment Details
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 by the target company.
| 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 |
Shareholding Changes
The preferential allotment resulted in significant changes to Vachi Commercial LLP's shareholding pattern in Continental Securities Limited. The entity's stake increased substantially 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 |
Company Capital Structure
The allotment impacted Continental Securities Limited's overall capital structure, with the company's total equity share capital increasing following the conversion of warrants. Each equity share carries a face value of Rs. 2.
| Capital Structure: | Before Allotment | After Allotment |
|---|---|---|
| Total Equity Shares: | 2,92,53,000 | 2,99,53,000 |
| Face Value per Share: | Rs. 2 | Rs. 2 |
| Total Share Capital Value: | Rs. 5,85,06,000 | Rs. 5,99,06,000 |
Regulatory Compliance
The transaction was disclosed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically under Regulation 29(1) and 29(2). Hemant Gupta, as Designated Partner of Vachi Commercial LLP with DPIN 08653390, signed the disclosure documents on behalf of the acquiring entity.
The disclosure was filed with BSE Limited on February 03, 2026, and included comprehensive details of the promoter group's shareholding pattern. The filing also listed 19 other persons acting in concert (PACs) with Vachi Commercial LLP, including various individual shareholders and entities such as Rajesh Khuteta, Madan Lal Khandelwal, and Orchid Securities Private Limited.
Corporate Information
Continental Securities Limited is listed on BSE Limited with scrip code 538868 and security ID CSL. The company's registered office is located at Flat No. 301, Metro Plaza, Parivahan Marg, Jaipur-302001, Rajasthan. Pravita Khandelwal serves as the Company Secretary and Compliance Officer for Continental Securities Limited.
Historical Stock Returns for Continental Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.15% | +0.38% | +6.22% | -6.21% | -33.95% | +414.75% |
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