Team India Guaranty Limited Receives In-Principle Approval for ₹64.08 Crore Preferential Issue
Team India Guaranty Limited has obtained in-principle approval from NSE and BSE for a preferential issue of 22,48,270 equity shares at ₹285 per share to non-promoter investors. The approval, granted on February 17, 2026, is subject to regulatory compliance conditions and requires the company to implement internal trading controls and submit listing applications within specified timelines.

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Team India Guaranty Limited has received in-principle approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for its proposed preferential issue of equity shares. The approval, dated February 17, 2026, marks a significant step in the company's capital raising initiative.
Preferential Issue Details
The exchanges have granted approval for the issue of 22,48,270 equity shares through a preferential allotment to non-promoter public category investors. The shares carry a face value of ₹10 each and will be issued at a price of ₹285 per share, including a premium of ₹275 per share.
| Parameter: | Details |
|---|---|
| Number of Shares: | 22,48,270 equity shares |
| Face Value: | ₹10 per share |
| Issue Price: | ₹285 per share |
| Premium: | ₹275 per share |
| Category: | Non-Promoter, Public Category |
| Total Issue Size: | Approximately ₹64.08 crore |
Regulatory Approvals and References
The company initially submitted its application for in-principle approval on August 21, 2025. NSE granted the approval through letter reference NSE/LIST/50422, while BSE issued its approval under reference LOD/PREF/KS/FIP/1713/2025-26, both dated February 17, 2026.
The approval has been granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with the regulatory framework governing preferential issues.
Compliance Conditions
Both exchanges have outlined specific conditions that the company must fulfill as part of the approval process:
Key Requirements:
- Filing of listing application at the earliest from the date of allotment
- Receipt of statutory and other approvals from authorities including SEBI, RBI, and MCA
- Compliance with all applicable guidelines and regulations
- Submission of required documents and payment of applicable fees
- Adherence to Companies Act, 2013 and other applicable laws
Trading Controls and Monitoring
The exchanges have emphasized the need for strengthened internal controls to monitor trading activities by proposed allottees. The company must obtain undertakings from allottees confirming they will not engage in intra-day trading or sell shares in the company's scrip until the allotment date, as required under SEBI (ICDR) Regulations.
The responsibility for verifying compliance with Regulation 167(6) of SEBI ICDR Regulations, 2018 lies solely with the issuer company. Any non-compliance observed post-allotment may impact the listing of the shares.
Post-Allotment Requirements
Upon completion of the allotment, Team India Guaranty Limited must submit a listing application within twenty days from the date of allotment, as specified in Schedule XIX – Para (2) of ICDR Regulations and SEBI circular dated June 21, 2023. Non-compliance with this timeline will attract penalties as outlined in the regulatory framework.
The exchanges have reserved the right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or in contravention of applicable regulations and guidelines.
Historical Stock Returns for Team India Guaranty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.31% | -0.41% | -6.13% | -7.06% | +56.42% | +907.20% |




























