Faalcon Concepts Limited has secured listing approval from BSE Limited for its preferential share issuance, marking a significant corporate development for the construction sector company. The approval covers 29.15 lakh equity shares issued through a share swap arrangement.

Share Issuance Details

The listing approval encompasses specific parameters for the preferential allotment:

Regulatory Compliance and Timeline

The company received the listing approval letter from BSE Limited dated December 12, 2025, and informed the exchange on December 15, 2025, pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

BSE has outlined specific compliance requirements that Faalcon Concepts must fulfill before trading approval is granted. The exchange emphasized adherence to provisions of Regulation 167 of SEBI (ICDR) Regulations and other SEBI specifications.

Pre-Trading Requirements

Before trading approval can be granted, Faalcon Concepts must submit several confirmations to BSE:

• Listing approval from National Stock Exchange of India Limited (if applicable)
• Confirmation letters from NSDL/CDSL regarding crediting shares to respective beneficiary accounts
• Admission of capital to the depository system
• Lock-in confirmation letters from NSDL/CDSL for pre-preferential holdings (if applicable)

Additional Compliance Obligations

The exchange has specified that if the share issuance results in a change exceeding 2% of the company's total paid-up share capital, Faalcon Concepts must file the shareholding pattern in XBRL mode as required under Regulation 31(1)(c) of SEBI LODR Regulations, 2015.

Furthermore, as per Schedule XIX of ICDR Regulations and SEBI circular dated June 21, 2023, the company must apply for trading approval within seven working days from the listing approval date. Non-compliance with this timeline may attract penalties as specified in the SEBI circular.

Corporate Communication

The formal communication was signed by Ekta Sethi, Managing Director of Faalcon Concepts Limited (DIN: 08141902), from the company's registered office at N-75 Ground Floor Mayfield Garden, Sector-51, Gurgaon, Haryana. The approval letter was issued by BSE officials Kinnar Mehta (Assistant Vice President) and Tejas Tandel (Deputy Manager) under reference number LOD/PREF/TT/FIP/1347/2025-26.

Faalcon Concepts Limited (FCL) recently held an Extraordinary General Meeting (EGM) on November 28, 2025, where shareholders approved three significant resolutions. The meeting, conducted through video conferencing and remote e-voting, saw strong support for the company's proposed changes to its capital structure and share issuance plans.

Key Resolutions Approved

1. Increase in Authorized Share Capital

• Approval rate: 99.96%
• Votes in favor: 48,13,120
• Votes against: 2,000

2. Issuance of Warrants to Promoters

• Approval rate: 7.01% (of valid votes)
• Votes in favor: 3,37,220
• Invalid votes: 44,77,900 (Interested promoters' votes not counted)

3. Issuance of Equity Shares to Non-Promoters

• Approval rate: 100%
• Votes in favor: 48,15,120
• Votes against: 0

Voting Process and Results

The voting process was conducted through a combination of remote e-voting and voting at the EGM via video conferencing. The results demonstrate strong shareholder support for the company's initiatives, particularly for increasing the authorized share capital and issuing shares to non-promoters.

*Note: For the issuance of warrants to promoters, 44,77,900 votes were declared invalid as they belonged to interested parties (Mr. Prithvi Seth, Mr. Tribhuvan Seth, and Mrs. Ekta Seth).

Implications for Faalcon Concepts Limited

The approval of these resolutions suggests that Faalcon Concepts Limited may be positioning itself for potential growth and expansion. The increase in authorized share capital could provide the company with greater flexibility in its capital structure, while the issuance of warrants to promoters and equity shares to non-promoters might lead to an influx of capital for future endeavors.

Investors and market watchers should note that these corporate actions may have implications for the company's ownership structure and future financial strategies. Stakeholders are advised to closely monitor the company's subsequent announcements and filings for more details on the implementation of these approved resolutions.