Team India Guaranty Limited Receives In-Principle Approval for ₹64.08 Crore Preferential Issue

2 min read     Updated on 17 Feb 2026, 06:24 PM
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Overview

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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*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
+2.31%-0.41%-6.13%-7.06%+56.42%+907.20%

Team India Guaranty Limited Schedules Board Meeting for February 13, 2026 to Consider Q3FY26 Financial Results

1 min read     Updated on 06 Feb 2026, 03:13 PM
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Overview

Team India Guaranty Limited has scheduled a board meeting for February 13, 2026, to consider and approve unaudited financial results for the quarter ended December 31, 2025. The meeting will also review the limited review report and address other business matters. The company has implemented a trading window closure for designated persons from January 1, 2026, continuing until 48 hours after financial results declaration, ensuring compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Team India Guaranty Limited, formerly known as Times Guaranty Limited, has announced that its board of directors will convene on February 13, 2026, to review and approve the company's quarterly financial performance. The non-banking financial company has scheduled this meeting in compliance with regulatory obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Agenda and Financial Results

The board meeting will focus on two primary objectives as outlined in the company's regulatory filing:

Agenda Item: Details
Financial Results Review: Unaudited financial results for quarter ended December 31, 2025
Supporting Documentation: Limited review report consideration
Additional Business: Other matters as placed before the board

The meeting represents a crucial milestone for stakeholders seeking insights into the company's financial performance for the third quarter of fiscal year 2026.

Trading Window Restrictions

In accordance with regulatory protocols, Team India Guaranty Limited has implemented trading restrictions for its designated persons. The trading window closure became effective from January 1, 2026, and will remain in place until 48 hours following the official declaration of financial results to the stock exchanges.

Parameter: Details
Closure Date: January 1, 2026
Duration: Until 48 hours post-results declaration
Previous Intimation: December 24, 2025
Applicable To: Designated persons

Company Information and Compliance

The Mumbai-based non-banking financial company operates from its registered office at Marathon NextGen Innova, Lower Parel. The company maintains listings on both major Indian stock exchanges with specific scrip codes for trading identification.

Stock Exchange Details

Exchange: Scrip Code
BSE Limited: 511559
National Stock Exchange: TEAMGTY

The regulatory filing, signed by Company Secretary and Compliance Officer Aarti Pandey, ensures transparency and adherence to disclosure requirements. This announcement provides stakeholders with advance notice of the financial results review process, maintaining the company's commitment to regulatory compliance and investor communication standards.

Historical Stock Returns for Team India Guaranty

1 Day5 Days1 Month6 Months1 Year5 Years
+2.31%-0.41%-6.13%-7.06%+56.42%+907.20%

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1 Year Returns:+56.42%