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

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

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

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.

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.