Continental securities Limited has announced a board meeting scheduled for Saturday, January 31, 2026, at 11:00 AM to consider significant corporate actions including warrant conversion. The meeting will be held at the company's registered office located at 301, Metro Plaza, Gopalbari, Jaipur, Rajasthan – 302001, in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The primary focus of the board meeting will be the consideration and approval of warrant conversion into equity shares. The company has outlined specific parameters for this conversion process involving promoter group allottees.

Warrant Conversion Details

The board will deliberate on the allotment of equity shares through warrant conversion with the following specifications:

The conversion is contingent upon receipt of the balance consideration amount from the warrant holders. This represents a partial conversion of the total 20,00,000 warrants that were earlier allotted to investors.

Meeting Logistics

The board meeting has been scheduled in accordance with regulatory requirements and will address additional matters as deemed necessary by the board.

Meeting Schedule

Additional Considerations

The board will also consider any other matters that may arise with the permission of the chairperson during the meeting. The company has formally notified BSE Limited about this scheduled meeting as part of its disclosure obligations.

The notification was signed by Pravita Khandelwal, Company Secretary and Compliance Officer, and submitted to the exchange for dissemination through their official website. Continental Securities Limited operates under CIN L67120RJ1990PLC005371 and maintains its registered office in Jaipur, Rajasthan.

Continental securities promoter Hemant Gupta has completed the sale of 2,00,000 equity shares through open market transactions on January 22, 2026. The transaction was disclosed to BSE Limited in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share sale significantly reduced Gupta's stake in the company. The following table shows the change in his shareholding position:

Company Share Capital Structure

Continental Securities Limited maintains the following capital structure:

Promoter Group Holdings

Hemant Gupta operates as part of a larger promoter group that includes multiple Persons Acting in Concert (PACs). The disclosure reveals an extensive network of associated entities and individuals, including family members and related companies such as Orchid Securities Private Limited and Vachi Commercial LLP.

Regulatory Compliance

The transaction was executed through open market sales and disclosed within the mandatory timeframe under SEBI regulations. The disclosure includes comprehensive details about voting rights, encumbrances, and convertible securities, with no additional instruments or encumbrances reported in connection with this transaction.

Market Impact

The sale represents a substantial reduction in the promoter's direct shareholding, moving from a significant stake of 0.72% to a minimal holding of 0.04%. This transaction indicates a strategic decision by the promoter to reduce exposure while maintaining a token presence in the company's equity structure.