Saraswati commercial (India) Limited has received trading approval from BSE Limited for 6 equity shares of Rs. 10/- each that were previously kept in abeyance. The company disclosed this development through a regulatory filing dated January 27, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Approval Details

BSE Limited granted trading approval for the equity shares through its communication dated January 27, 2026. The approval enables trading members of the exchange to trade in these securities effective from Wednesday, January 28, 2026.

Share Characteristics

The approved shares were issued pursuant to a scheme and were previously kept in abeyance. These equity shares carry the same rights and privileges as the company's existing equity shares, being pari passu with the old equity shares.

Regulatory Compliance

The company fulfilled its disclosure obligations by informing BSE Limited about the trading approval receipt. Company Secretary and Compliance Officer Avani Sanghavi signed the regulatory filing, ensuring proper compliance with listing regulations.

BSE Limited issued Notice No. 20260127-14 dated January 27, 2026, to inform trading members about the listing and trading permission for these new securities. The notice categorized this development under company-related announcements in the equity segment.

Saraswati Commercial (India) Limited , a Non-Banking Financial Company (NBFC), has finalized its investment in Tilaknagar Industries Limited, a player in the breweries and distilleries sector. This move marks a development in the financial landscape of both companies.

Investment Details

Saraswati Commercial has completed the acquisition of 7,00,000 equity shares in Tilaknagar Industries, representing approximately 0.27% of the latter's diluted share capital. This acquisition was executed through the conversion of convertible warrants.

Financial Breakdown

The investment process was carried out in two phases:

1. Initial Payment: 25% of the total consideration
2. Final Payment: Rs. 20.05 crores, representing the remaining 75%

Regulatory Compliance

This transaction has surpassed the threshold specified under Regulation 30(4)(i)(c)(2) of the SEBI (LODR) Regulations, 2015, which requires disclosure when an investment exceeds 2% of the investing company's net worth as per the last audited consolidated financial statements.

Impact and Significance

For Saraswati Commercial, an NBFC focused on investing in shares and securities, this move aligns with its core business strategy. The investment in Tilaknagar Industries, a company with a net worth of Rs. 882.25 crores and an annual turnover of Rs. 3,174.61 crores, represents a decision in the alcoholic beverage industry.

Market Implications

While the 0.27% stake might seem modest, such investments by NBFCs can often signal confidence in a company's future prospects. For Tilaknagar Industries, this investment could be seen as an indicator of its market position in the breweries and distilleries sector.

Conclusion

This transaction underscores the role of NBFCs in providing capital to various sectors in India's financial markets. As both companies move forward, market observers will be keen to see how this investment influences their respective strategies and market positions.