News Corporate Actions Mrugesh Trading Limited Receives BSE Trading Approval for 72 Crore Equity Shares from Warrant ConversionMrugesh Trading Limited Receives BSE Trading Approval for 72 Crore Equity Shares from Warrant Conversion
Mrugesh Trading Limited has received BSE trading approval for 72,00,00,000 equity shares at Re. 1 par value, issued to non-promoters through preferential allotment pursuant to warrant conversion. The shares with distinctive numbers 2450001 to 722450000 commenced trading on February 18, 2026, following the company's application submitted in May 2024. This development represents a significant milestone in the company's capital restructuring initiative.
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Mrugesh trading Limited has successfully obtained trading approval from BSE Limited for its preferential allotment of equity shares arising from warrant conversion. The company announced this development through an official communication dated February 18, 2026, marking a significant milestone in its capital restructuring initiative.
Trading Approval Details
The BSE approval covers the listing and trading of substantial equity shares issued through the preferential route. The exchange granted permission for these securities to commence trading effective February 18, 2026.
| Parameter: | Details |
|---|---|
| Total Shares: | 72,00,00,000 equity shares |
| Par Value: | Re. 1 each |
| Issue Price: | At par |
| Distinctive Numbers: | 2450001 to 722450000 |
| Issue Type: | Preferential allotment to non-promoters |
| Trading Commencement: | February 18, 2026 |
Application Timeline
The company had initially submitted its application to BSE on May 28, 2024, seeking approval for the preferential issue of fully paid-up equity shares pursuant to warrant conversion. The approval process took several months before the exchange granted final trading permission.
Regulatory Compliance
The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Managing Director, Arpit Piyushbhai Shah (DIN: 08311352), signed the official communication to the stock exchange.
Exchange Communication
BSE issued its approval letter reference LOD/PREF/SV/290/2025-2026 dated February 17, 2026, confirming the listing of the preferential shares. The exchange also issued Notice No. 20260217-26 to its trading members regarding the commencement of trading in these securities.
The successful completion of this preferential allotment through warrant conversion represents an important step in Mrugesh Trading Limited's capital structure optimization, providing the company with additional equity capital while offering existing warrant holders the opportunity to convert their holdings into tradeable equity shares.
Historical Stock Returns for Mrugesh Trading
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | +12.29% | +55.56% | +1,758.62% | +2,145.83% | +2,466.67% |
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