Telecanor Global Approves Warrant Allotment to Promoter and Reports Quarterly Loss

1 min read     Updated on 18 Nov 2025, 05:03 PM
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Jubin VergheseScanX News Team
Overview

TeleCanor Global Limited approved allotment of 2,00,000 convertible equity warrants to promoter Vijay Lakshmi Praturi at Rs. 10 each. The company reported a net loss of Rs. 58.40 lakhs for Q2 ended September 30, 2025, compared to a profit of Rs. 76.56 lakhs in the previous year. The board meeting was held on November 18, 2025, where unaudited financial results were approved and warrant allotment was confirmed. Trading window for company securities is closed from October 01 to November 20, 2025.

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

TeleCanor Global Limited, a Hyderabad-based company, has announced significant corporate actions and financial results in its recent board meeting held on November 18, 2025.

Warrant Allotment to Promoter

The board of directors has approved the allotment of 2,00,000 fully convertible equity warrants to the company's promoter, Ms. Vijay Lakshmi Praturi. The warrants, priced at Rs. 10 each, are part of a preferential issue under Chapter V of the SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018.

Key details of the warrant allotment:

Particulars Details
Number of Warrants 2,00,000
Issue Price Rs. 10.00
Initial Payment Rs. 7,50,000.00
Conversion Period Up to 18 months
Nature of Consideration Cash

The company has received Rs. 7,50,000.00 as the initial 25% consideration for the warrants. Each warrant is convertible into one equity share of face value Rs. 10, exercisable within 18 months from the date of allotment.

Financial Performance

TeleCanor Global reported its financial results for the quarter ended September 30, 2025:

  • Net Loss: Rs. 58.40 lakhs
  • Previous Year Quarter: Profit of Rs. 76.56 lakhs

The company has experienced a shift from profit to loss compared to the same quarter in the previous year.

Board Meeting Details

The board meeting, originally scheduled for November 21, 2025, was preponed to November 18, 2025. The meeting commenced at 4:00 PM and concluded at 4:30 PM. During this meeting, the board approved:

  1. Unaudited financial results for the quarter and half-year ended September 30, 2025.
  2. Allotment of convertible equity warrants to the promoter.

Trading Window Closure

The company has informed that the trading window for dealing in its securities has been closed from October 01, 2025, and will remain closed until November 20, 2025 (both days inclusive).

Investors and stakeholders are advised to take note of these developments, particularly the shift in financial performance and the potential impact of the warrant allotment on the company's capital structure.

Historical Stock Returns for TeleCanor Global

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+27.37%+70.75%+43.40%+164.88%+74.97%
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Telecanor Global Attributes Share Price Fluctuations to Market Forces

1 min read     Updated on 03 Nov 2025, 10:27 PM
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Reviewed by
Riya DeyScanX News Team
Overview

TeleCanor Global Limited, listed on BSE, has responded to queries about recent share price movements. The company stated that the fluctuations are purely market-driven, with no management involvement. They confirmed compliance with all necessary disclosures and regulations, including Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. TeleCanor emphasized that no undisclosed information could have led to the significant price movements.

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

TeleCanor Global Limited, a company listed on the Bombay Stock Exchange (BSE), has responded to queries regarding recent movements in its share price. The company has clarified that the fluctuations are purely market-driven, with no direct or indirect involvement from the management.

Company's Response to BSE Query

In a formal communication to the BSE, TeleCanor Global addressed concerns about significant price movements in its shares. The company stated:

  1. All necessary disclosures have been made to BSE Ltd in compliance with regulatory requirements.
  2. No undisclosed information or development could have led to the significant share price movement.
  3. The company remains committed to complying with listing regulations and other statutory requirements.

Regulatory Compliance

TeleCanor Global emphasized its adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates the timely disclosure of material information that may impact a company's operations or performance.

Market-Driven Fluctuations

The company's management explicitly stated that the share price fluctuations appear to be solely driven by market forces. This clarification aims to dispel any speculation about insider information or undisclosed corporate actions influencing the stock's performance.

Investor Takeaway

While share price movements can be concerning for investors, TeleCanor Global's response underscores the importance of distinguishing between market-driven fluctuations and company-specific developments. Investors are reminded to consider broader market trends and company disclosures when evaluating stock performance.

As markets continue to evolve, transparent communication between listed companies and regulatory bodies remains crucial for maintaining investor confidence and market integrity.

Historical Stock Returns for TeleCanor Global

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+27.37%+70.75%+43.40%+164.88%+74.97%
TeleCanor Global
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